In 32 seasons overall as a head coach, Bagnoli has won 232 games, which ranks eighth among Football Championship Subdivision coaches all-time. His career winning percentage (.718) ranks third among active FCS coaches. He has earned a school-record 146 victories at Penn.
Penn announced Bagnoli's decision in the spring, nearly a month after former athletic director Steve Bilsky was replaced by M. Grace Calhoun. Bagnoli was the only football coach during Bilsky's 20-year tenure.
On Tuesday, Bagnoli dismissed rumors that he was leaving because of the change at the top.
"We wanted to do it early enough so it didn't seem as though we were unhappy with the new AD, and as a result, that's why I announced my retirement so early," Bagnoli said. "It's something I've been thinking about the last couple of years.
"I think we all at some point in time get the feeling that we've had enough and that's it's time to move on and try something else in your career," he added. "I've had the good pleasure of being a head coach since 1982. So now I'm just trying to get the program in good shape and pass it along to [longtime assistant] Ray Priore, who we're confident will do a great job."
Results of the 2014 Ivy League football preseason media poll, with rank, total points, and first-place votes in parentheses.
Rk School Pts.
1. Princeton (9) 128
2. Harvard (8) 127
3. Dartmouth 91
4. Penn 79
5. Yale 68
6. Brown 65
7. Cornell 34
8. Columbia 20