Speaking to the Blazers And One Podcast, Shaw cited his decision to move back to the States with his family this summer as the reason for ending his lengthy tenure with the Midlands club.
"I told the hierarchy at the club a couple of months ago now, sadly this will be my last season with the Trailblazers," said Shaw.
"Hopefully we'll be going out on a real big high but the crux of the matter is we'll be moving back to the States with my wife.
"As I said to a few people, we said, about twenty years ago, we'd move to Derby for two or three years and see how it went, and we've been here for 19 years now.
"So it's just the right time for us, unfortunately, to head back to the States. So it's really with a heavy heart, the job that I've got in Derby and the people that I get to work with have been phenomenal, and it's something that I've absolutely loved doing, but unfortunately the time is right to move on."
Shaw led Derby to their first D1M regular season title since 2009/10 this year, whilst the club also captured their second KitKing Trophy title after winning it previously in 2021/22 as the L Lynch Trophy.
The team are just two games away from securing the D1M playoff crown as well, with this weekend's tie at home to #4 seeds Reading Rockets being followed up by a potential final at Manchester's National Basketball Performance Centre later this month.
Shaw is also a four-time EABL Coach of the Year from his time in Derby, being voted for by his peers in 2015/16, 2016/17, 2018/19, 2022/23, as well as a two-time D1M Coach of the Year from 2015/16 and 2021/22.
"The club's in a really strong position, I'm hoping that quite a lot of the guys will be back next year," Shaw continued.
"Some of the underpinning stuff that happens throughout the club is really good, we've got so many junior teams and the Academy is in a strong place. Lots of positives, yeah, but there's some sadness as well. But I definitely feel that the club is really in a good position for someone else to come in and carry on the things that myself and other people have been doing.
"When you've been doing it for quite a while, you see people in their mid to late 30s, that have done really well. That's definitely something that I'll hold on to, friendships that I've made with players that I've coached and people that I've worked with."
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Main image credit - Lauren Newham