But during a charity golf event earlier this month, Whittingham told media he was getting "close" to being done coaching when speaking about former Utah Jazz coach Quin Snyder, who recently resigned as head coach.

"There comes a time where you need a new voice and a new leader," he said. "Obviously, he felt like that was the time for him right now. And I'm getting kind of close to that in my career."

Once Whittingham retires, he will retain the special assistant role for five years and will be paid $995,000 each year.