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AUSTIN, Texas -- DeLoss Dodds, the Texas athletic director who built the program into a Goliath of college sports in terms of wealth, power and prestige, said Tuesday he is ready to retire and leave the Longhorns -- and some potentially tough coaching decisions -- in someone elses hands after three decades at the helm. The 76-year-old Dodds has led the Texas program since 1981, when he took a job that oversaw an athletic department budget of about $4 million. He will leave it Aug. 31, 2014, with an annual budget of nearly $170 million, upgraded and expanded facilities, and its own television network. "This is a big day for me. Ive thought a lot about it," Dodds said at a campus news conference with university President Bill Powers. "In 62 years, it will be the first time I havent had a job ... Thats long enough to work ... Weve had a great run." Dodds will move into a paid consulting role after he steps down as AD. Powers said a search for Dodds replacement will begin immediately and the new boss could step into the job as soon as being hired, with Dodds helping make the transition. "We do not need somebody in a week," Powers said. "We can be thoughtful." Instead of just a long goodbye for an administrator who wielded influence over not just Texas but over entire conferences, Dodds departure intensifies speculation over football coach Mack Browns future with the Longhorns. Dodds and Powers have been Browns strongest allies against a restless fans base frustrated by three sub-par seasons and a 2-2 start in 2013. Brown, who has been at Texas since 1997 and won the 2005 national championship, has often noted their support and Tuesdays announcement means a key piece of that foundation is leaving. Brown is under contract until 2020 and has said he wants to keep coaching. He will be paid about $5.4 million this year with annual raises in his contract. Dodds deflected questions about potential coaching changes, saying his replacement should be involved in such decisions. "Im not going to go there," Dodds said. "Thats an answer that will work itself out over the next several weeks. Anything this department does significantly needs to have the hands of the new person." Brown was at football practice and did not attend the news conference, but the school released a statement from him calling Dodds "a great leader and great friend." "I feel very blessed to have had the opportunity to work for him for 16 years, and I know I speak for many when I say Im happy he will be helping the departments transition to a new athletics director," Brown said. Dodds is under contract at Texas through 2015 at $700,000 per year with a $1 million annuity if hes employed at the end of August 2014. Dodds came to Texas from Kansas State in 1981 and presided over an expanding Texas empire at a time the business side of college sports was rapidly growing. During his tenure, the Texas mens program has won 14 national championships and 108 conference titles, most notably the football national championship, the schools first outright football title since 1969. Dodds oversaw creation of the Longhorn Foundation, which pulled all the fundraising efforts for individual sports under one roof, and donors poured money into the athletic program. Over the past 20 years, Texas has spent $400 million on facilities as it grew into a massive, money-generating machine with the largest athletic budget in the country. Dodds also shepherded the schools move from the old Southwest Conference into the Big 12, and the schools 20-year, $300 million partnership with ESPN for the Longhorn Network, a 24-hour channel dedicated to Longhorns sports. The network, seen as a pioneering effort when first announced, proved to be a wedge between Texas and several Big 12 schools, some of whom eventually left the league. The network struggled to gain major distribution until finally signing a deal to be broadcast to Time Warner customers in Texas. Dodds also navigated two rounds of conference upheaval in recent years. In 2010, Texas flirted with joining the Pac-12 before deciding to stay in the Big 12. When another round of conference moves again threatened the stability of the Big 12 in 2011, Texas helped stabilize the conference as a 10-team league. Powers called Dodds a visionary and "one of the giants in college athletics" who commanded the respect of university presidents, coaches and league commissioners. Still, the athletic program is in a bit of turmoil. Galvanized by the hiring of Brown in 1997, the football team had a dominant run from 2000-2009 during which the Longhorns went 69-9, won two Big 12 titles and twice played for the national championship. The program has slipped in recent years with a 24-18 record, including a 12-10 home record, since 2010. The mens basketball and baseball programs have declined as well. Basketball had its first losing season in 15 years under coach Rick Barnes last season, and the baseball team, once a perennial power, missed the NCAA post-season the last two years. Earlier this month, a Texas regent said he and a prominent former regent spoke in January with Alabama coach Nick Sabans agent in an attempt to lure Saban to Texas if Brown retired. Dodds said hed have made the same decision to retire whether the football team was 4-0 or 0-4. He said it was time to spend more time with his wife and family. "We need to go to Tuscany, need to see the leaves turn in the north," Dodds said. "Theres a lot of life we need to live that we havent lived because weve worked." Dan Bailey Jersey . The Bruins forward has been fined $5,000 by the National Hockey League for spearing Red Wings defenceman Danny DeKeyser in the groin. 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Starting from pole, the 26-year-old Vettel turned in a trademark clinical performance to win the Indian Grand Prix on Sunday and join F1 greats Juan Manuel Fangio and Michael Schumacher as just the third driver to win four consecutive championships.MINNEAPOLIS - Raptors forward Patrick Patterson is expected to miss at least 7-10 days to rest a ligament injury in his right elbow, the team announced ahead of its game against the Timberwolves Sunday night. It is unclear exactly when Patterson originally sustained the injury, an ulnar collateral sprain to his shooting elbow, but after aggravating it in Fridays win over Sacramento the Raptors medical and coaching staff have decided to shut him down for the time being. "Its never a good time to lose a guy like him because he has been so important to us, offensively and defensively," Dwane Casey said, just over an hour before tip-off at The Target Center. "Its a big [loss] because of how he stretches the floor and the things he brings to the table." Patterson, acquired in a trade from Sacramento on Dec. 9, leads Raptors reserves in scoring, averaging 9.7 points in 39 games with Toronto this season. Playing a minute (per game) less than he was with the Kings prior to the trade, Patterson is averaging nearly three more points, shooting 49 per cent, up from 41 in Sacramento. Hes also grabbing 5.2 rebounds per game and shooting the three-ball at a 44 per cent clip. "Its tough, the way hes been shooting the ball, the way hes been rebounding the ball," said John Salmons. "[He] gives us that dimension coming off the bench.dddddddddddd As a big, [he] kind of changes the opposing teams mindsets when he comes in because hes a different player from Amir (Johnson) and [Jonas Valanciunas]. Its definitely a tough loss for us." The fourth-year forward will be re-evaluated in about a week and the team is hopeful that hell be available to return shortly after that. In the meantime, Tyler Hansbrough figures to absorb most of the 23 minutes Patterson was playing nightly. Bruiser Chuck Hayes and sharpshooter Steve Novak will also be in the mix, depending on match ups. "Everybody stays prepared and guys have done a good job of staying prepared," Casey said, "but [the] next guy up has got to be ready to step in and take up those minutes and produce. "Patricks been a big part of that, that depth at that position," he continued. "For the second unit, the energy he brings to the table, his shooting, his defence, his rebounding, just his overall intensity it really adds a lot to that second unit, which is huge. But again, we still have some other quality guys. Tyler Hansbroughs played a lot of playoff games, Steve Novak is one of our best shooters. 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