Good News: Dave Libbey is retiring.
Bad News: He is becoming head of officials.

See: http://seattletimes.nwsource.com/html/huskymensbasketballblog/2009217839_libbey_retires_1.html?syndication=rss

He'll do clinics on how to be bigger than the game and how to bring an unnatural outcome in the last seconds by not swallowing the whistle.