Updated: June 10, 2009, 2:40 PM ET

Floyd resigns as USC coach

ESPN.com news services
LOS ANGELES -- Tim Floyd suddenly resigned as basketball coach at Southern California on Tuesday following allegations that he gave $1,000 in cash to a man who helped steer former star player O.J. Mayo to the Trojans.

Floyd submitted a one-paragraph letter to USC athletic director Mike Garrett saying he was quitting after four seasons because he no longer had full enthusiasm for his job.

"I accept Tim's decision and wish him well," Garrett said in a statement.

The ...

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