Drake University announced the resignation of head coach Ray Giacoletti in a press conference earlier this afternoon. Assistant coach Jeff Rutter will take over the program on an interim basis. Giacoletti was in his fourth season as the head coach at Drake where he went 32-69 including 1-7 so far this year.

Prior to taking the reigns of the Bulldog men’s basketball program in 2013, Giacoletti served as an assistant coach at Gonzaga University for six seasons (2007-13), where he helped lead the perennial basketball power to six straight NCAA appearances, five West Coast Conference titles and a 163-41 (.799) record during his time on campus in Spokane, Wash. He also served as the head coach at Eastern Washington University where he went 69-50 in four seasons, the best mark of any coach in the school’s NCAA Division I history. He guided the Eagles to their first NCAA Tournament appearance in 2004, as well as the Big Sky Conference regular-season and tournament titles.

The Bulldogs, who dropped an overtime decision to Fresno State on Saturday, will return to the court on Saturday December 10th when they host Jackson State.