Davis will retire at the end of the 2007-2008 season.
After taking some time off after the 1997 season, Davis returned to Gainesville to take over for Virgil Amey in 2002.
"He (Davis) told me when he came back that he would give me three to five years," Gainesville athletic director Wayne Vickery said. "This is the fifth year. I would have liked for him to stay one more, but I think he wants to go back to Alaska and do some more fishing."
Davis is 11 wins away from 700 wins having amassed a 689-185 record in his 33 years of coaching.In his years at the helm of the Gainesville program Davis went 599-140 while winning two state championships, making eight Final Four appearances, winning 11 region titles and 13 Lanierland championships.
The Gainesville coach has been named Region Coach of the Year 11 times, state Coach of the year twice and has been recognized by the Atlanta Tip-Off Club as one of the winningest coaches in Georgia prep basketball history.