According a Michigan Daily News flash, I just received, Head Coach Lloyd Carr is retiring. He announced it to his players this afternoon when he met with them.
A press conference is scheduled for tomorrow morning at 10:00 in the Junge Champions Center on the campus of the University of Michigan.
Lloyd Carr, had been Head football coach at the University of Michigan since 1995.
He is the third winningest coach in U of M football history and has been here 13 seasons. Carr has a 121-40 record as head coach, winning 5 Big Ten Championships and one National Title Championship.
For more information you can read the Michigan Daily report.
The Detroit Fee Press also has more details of Carr's retirement.
I hope the fans of U of M football will appreciate his great legacy and not remember him for the loss on Saturday. 
I had the priviledge of attending his Woman Football Camp, held at the University of Michigan, two years ago. All the proceeds of the camp go to the Comprehensive Cancer Center at University of Michigan Hospitals. I caught a pass in front of Lloyd, and broke my finger. I was in a cast for the entire summer.
Lloyd Carr is a man of integrity and has been a father figure to many, many players throughout his career at the University of Michigan.
He will be missed.
God bless you, Lloyd.