Pitino steps down as Puerto Rico national coach

Rick Pitino has stepped down as coach of Puerto Rico's national team after guiding them to a fifth-place finish in the FIBA Americas Olympic qualifying tournament.

Although the team failed to gain one of the tournament's two automatic berths into the 2016 Rio Games, Puerto Rico still has a chance to advance via an Olympic qualifying tournament in 2016.

Pitino, however, said Wednesday that he's ready to hand over the national team to his assistant coaches as he returns to the United States to coach the Louisville Cardinals.