Duke coach Mike Krzyzewski will be returning as the head coach of the men's basketball team for the 2016 Olympics, according to a report by SI.com.
Crediting a "source with direct knowledge of the situation," the report states that an official announcement will come within 48 hours that Krzyzewski will be returning to coach USA Basketball.
Krzyzewski has been highly successful in the role in the past, leading Team USA to the gold medal in the 2012 London and 2008 Beijing Olympics. The 2016 Olympics will be in Rio de Janeiro.
The Associated Press reported earlier this week that USA Basketball chairman Jerry Colangelo said he had spoken with Krzyzewski and that there was ''movement'' toward a return.
Overall, the Duke coach has a 62-1 record with USA Basketball.
According to SI.com, Krzyzewski will coach the first mini-camp for the Olympics in late July in Las Vegas.