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Mike Bellotti Retiring at Oregon?

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Oregon officials have scheduled a press conference for 3:30 p.m. and are expected to announce that football coach Mike Bellotti will become the new athletic director and offensive coordinator Chip Kelly will take Bellotti's place as head coach according to the Portland Oregonian.

I guess we will find out if it is true in the next 45 minutes. This has to be a shock to Boise State's Chris Petersen who was known to covet the job. We always knew that Bellotti would step down one day but we always figured that Petersen or Jeff Tedford would be first in line.