How will this affect FSU Athletics? Will we reenter the good graces of the NCAA after TK is gone?

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Florida State University President T.K. Wetherell will tell the school's trustees this week that he wants to retire.

Two school officials close to Wetherell told The Associated Press on Monday that he will inform the school's Board of Trustees on Wednesday. They asked not to be named because they aren't authorized to make the announcement.

A former star football player at Florida State, Wetherell became president at his alma mater in January 2003.

Wetherell said Monday he's focused on his budget preparation for Wednesday's meeting and didn't want to discuss his personal plans.

But he noted it's routine for university presidents to give a year's notice or so to allow a replacement to be found.

"And next year is 2010," he said. "I'll figure that out when I figure that out."

Wetherell, 63, was treated for prostate cancer in recent years, but received a clean bill of health last week from doctors at the Mayo Clinic in Jacksonville.

"What did Mark Twain say? My demise is premature," Wetherell said. "I might die from envy of beating the Gators. Frustration of not being able to beat Tebow."

Florida State produced three Rhodes and 17 Fulbright Scholars during Wetherell's tenure, but budget cuts in recent years have forced him to make painful cuts at the school.

Wetherell, earned three degrees from Florida State, including a doctorate in education administration. He played on the FSU football team from 1965-67. Wetherell was president at Tallahassee Community College for several years before taking the Florida State position.

[Story via Miami Herald and AP]