Jay Glazer at Fox Sports reports:

While the team has scheduled a 5 p.m. press conference, Dungy is walking around the team’s complex saying good bye to players and team employees and informing them that the transition should be a smooth one for new coach Jim Caldwell.

According to one source, Dungy explained that he has talked it over with his family and they believed this was the proper time to step down, while the Colts nucleus was still in tact.

Damn. The run is over, right? Discuss