Mike Krzyzewski won't coach Team USA at World Championship

Mike Krzyzewski will not return to coach USA Basketball at the World Championship. A successor will likely be named this summer. (Streeter Lecka/Getty Images)

After seven years as coach of Team USA, Mike Krzyzewski said he will not return for the 2014 world championships in Madrid, reports ESPN.

"I've loved, loved, loved, and it's been an honor being with the USA Basketball team," Krzyzewski said in an interview with ESPN Radio's "Mike and Mike in the Morning." "And to coach the team and work with (chairman and president Jerry Colangelo) for seven years has been marvelous."

"We're in a good spot," Krzyzewski added. "We need to keep building."