Boston, MA -- (Sports Network) - Boston University men's basketball coach Dennis Wolff has been fired after 15 years at the position, the school announced Wednesday.

The Terriers went 17-13 this season, finishing third in the America East Conference, and ended their season in the quarterfinals of the conference tourney.

"This decision was not made quickly or easily," Boston's director of athletics Mike Lynch said. "However, after a thorough analysis, I believe that a change in leadership is in the best interests of our men's basketball program."

Wolff is the school's all-time leader in wins, having taken over head coaching duties in 1994-95 and posting an overall record of 247-197. During his tenure, the Terriers won two America East titles (1997, 2002), going to the NCAA Tournament in the same years. Boston also went to three NITs (2003-05), and won the conference's regular season title five times (1997-98, 2002-04).

"We greatly appreciate the contributions that Dennis has made during his 15 years at BU," Lynch said. "To a man, his student-athletes competed hard on the court, earned their degrees in the classroom and represented BU well in the community. We wish Dennis nothing but the best in his future endeavors."

A national search for a new head coach will begin immediately.