Duke University Blue Devils coach Mike Krzyzewski will not continue at the helm of the U.S. national basketball team, he said Tuesday.

Krzyzewski, 66, announced his resignation from the coaching position after seven years heading USA Basketball during a telephone interview with ESPN Radio's "Mike & Mike in the Morning."

The coach of the Blue Devils, who have a 24-3 record, said that after the current college season concludes his plan is to rest.

Krzyzewski's resignation forces USA Basketball to name a successor to work with the team with an eye toward the 2014 world championships in Madrid.

"I've loved, loved, loved, and it's been an honor being with the USA Basketball team," Krzyzewski said Tuesday.

"And we're in a good spot. We need to keep building," he said of the program.

USA Basketball chairman and president Jerry Colangelo hired Krzyzewski after the U.S. squad wound up in sixth place in the 2002 world championships and garnered only a bronze medal in the 2004 Olympics.

Under Krzyzewski's direction, the United States won gold medals at the 2008 Beijing and 2012 London Olympics, beating Spain in the finals on both occasions.

The U.S. team also won the 2010 world championship in Turkey. EFE