DeLoss Dodds will step down as Texas athletic director by the end of the year, Chip Brown of Orangebloods.com reported Friday.
Dodds has been the Texas AD for 32 years and will resign that position by the end of 2013 and serve as a consultant to the Texas athletic department on a part-time basis.
Dodds, 74, would continue to receive his $1.1 million salary through the end of his contract in 2015.
However, university officials are denying that Dodds plans to resign this year.
A Texas spokesman told Kirk Bohls of the Austin American Statesman that the report is "absolutely not true. Period. It's just not true."
If Dodds does resign as athletic director, it will call into the question the job security of football coach Mack Brown.