Remi Korchemny has agreed to quit coaching in the wake of doping charges brought by the US Anti-Doping Agency.
Korchemny admitted to supplying performance-enhancing drugs
The 74-year-old, who admitted to providing performance-enhancing drugs as part of the Balco scandal, also withdrew his challenge to the charges.
Korchemny coached British sprinter Dwain Chambers, who was banned after testing positive for steroid THG.
The Ukrainian-born coach was sentenced to one year's probation in 2006 for his role in the Balco conspiracy.
He was one of five people to plead guilty to charges in connection with the Bay Area Laboratory Cooperative, which was accused of producing and supplying athletes with banned steroid THG.
Now, the US Anti-Doping Agency (Usada) has settled its case against Korchemny after he agreed to stop coaching elite athletes.
Usada's senior managing director, Travis Tygart, said: "He is the first coach in any sport to be disciplined by Usada.
"It's a precedent-setting case that's a direct by-product of courageous athletes willing to acknowledge their involvement in doping, and willing to stand with Usada in this case and our mission."
Korchemny moved to America after the 1972 Olympics.
In a federal investigation, Korchemny admitted that between 2000 and 2003 he supplied illegal drugs to athletes while working as a coach in California.