UPDATE, 11/28: Arizona State has officially fired Dennis Erickson, ASU Vice President for Athletics Lisa Love announced in a statement Monday afternoon.
"We are grateful for the service Dennis and his staff provided for the past five years," said Love. "Even during the most difficult times, he represented ASU with dignity."
Erickson will be retained as the Sun Devil head coach through the Sun Devils' likely upcoming bowl game. Jerry Palm projects ASU to face TCU in the MAACO Bowl Las Vegas.
Erickson spent five seasons in Tempe, finishing with a 31-30 record but only playing in one bowl to date, a Holiday Bowl appearance in his debut season with the Sun Devils. His team failed to achieve a winning Pac-10 or Pac-12 record in any of his final four seasons.
He released a statement of his own following Love's announcement:
"I would like to thank the administration of Arizona State University for giving me the opportunity to coach and direct the football program for five years. President Crow and Lisa Love were tremendous to work with.------------------------------
"I also want to thank the players and my coaching staff. I am proud of what we accomplished in five years. The program is in good shape for the next coach.
"Lastly, I would like thank the fans and especially the students for their support. The school record 12,500 students at the Arizona game was quite a boost to the team.
"ASU is a great university and a great place to go to school. I will always cherish my memories here."
Black Sunday in the college coaching ranks continues, with the latest coach on the verge of losing his job reportedly being Arizona State head coach Dennis Erickson. Multiple sources have confirmed to CBSSports.com Arizona State Rapid Reporter Craig Morgan that Erickson will be fired this week with a news conference coming as soon as Monday.
Erickson still has one more year left on his contract, and if he's fired he'll receiver half of the $1.5 million he was due in his contract. Though it's also possible that both sides will work out another agreement.
The Sun Devils began the season with a 5-1 record but limped to the finish line, losing 5 of their last 6 games and four straight to end the season--all as a favorite of six points or more. That cost Erickson a golden opportunity to play for a Rose Bowl berth in a very winnable Pac-12 South Division.