Here's an update after talking to tech support:
Hi, my name is Gavin. How may I help you? [11:48:42 AM]
Me: Hi, I'm unable to retire from one of my online dynasties in NCAA 11. [11:49:03 AM]
Me: I get an error that says "Database Error" [11:49:14 AM]
Gavin: I am sorry to hear about this happening to you. [11:51:33 AM]
Gavin: Let’s first try to clear your console cache, this can sometimes cause issues with game. To remove these files, follow the steps mentioned at the below given link:
http://support.microsoft.com/kb/971755
[11:51:40 AM]
Me: I know how to clear my cache, but I would rather not. [11:50:06 AM]
Me: This is a server issue, not a console issue. [11:50:24 AM]
Gavin: It might be due to some server issue [11:53:16 AM]
Gavin: Please wait while I check this [11:53:22 AM]
Me: Alright. [11:51:24 AM]
Gavin: Are you getting this error on your console? [11:57:19 AM]
Me: Yes, and I cannot retire through the dynasty website either. [11:55:31 AM]
Me: (dynasty.easports.com) [11:55:42 AM]
Gavin: Thank you for waiting. [12:01:49 PM]
Gavin: I sincerely regret any difficulties you are experiencing. We are aware of this issue and our engineers are working to fix this. [12:02:05 PM]
Gavin: We hope this should be fixed very soon though there is no such ETA for the fix. [12:02:15 PM]
Me: Typical. [12:00:51 PM]
Me: Thanks for your help. [12:00:54 PM]
'Me' disconnected ('Concluded by End-user'). [12:01:05 PM]