UNC Weighs Future of Basketball Program as Hubert Davis Era Appears Over
UNC fired Hubert Davis Tuesday night after he blew a 19-point lead to VCU, ending a 5-year tenure with a $5.3M buyout. Nate Oats and Tommy Lloyd headline the replacement search.

Hubert Davis is out as North Carolina's head coach, the school announced Tuesday night. The decision ended five days of internal deliberations that began the moment the sixth-seeded Tar Heels blew a 19-point lead with 14 minutes remaining against No. 11 VCU in the first round of the NCAA Tournament, the largest such collapse in first-round March Madness history.
The decision to fire Davis came from a recommendation by current athletic director Bubba Cunningham and executive associate athletic director Steve Newmark, who will take over the AD role on July 1. That recommendation was accepted by Chancellor Lee Roberts on Tuesday. Players and staff were informed at a 9 p.m. ET team meeting at Davis' house, minutes after an email from Cunningham arrived in the inboxes of basketball staff at 8:55 p.m.
The school did not specify the nature of Davis' departure in its statement Tuesday night, simply calling it a change in leadership. But in a post to Instagram, Davis said he was "let go" by the university and that his desire was to continue to coach at Chapel Hill. As recently as March 21, Cunningham had told The News & Observer in a texted statement: "Every year at the end of the season, it's important to evaluate all facets of the program and look for ways to improve. The Chancellor, Steve and I are doing that together now and will continue to have discussions over the coming days."
North Carolina finished the 2025-26 season with a 24-9 record, including 12-6 in the ACC and 18-0 at home. It was the second straight year the Tar Heels have been eliminated in the first round. During his tenure, Davis led North Carolina to a 125-54 record, including one ACC regular season championship and one Final Four. His departure opens the possibility of the school seeking a coach outside the North Carolina family for the first time since Bill Guthridge's three-season stint ended in 1999-2000.
Davis has nearly $5.3 million of guaranteed money left on his deal, and the university said in its statement that it would "honor the terms" of his contract. That figure stems from a December 2024 extension that pushed his deal through June 30, 2030, and raised his base salary from $400,000 to $1.25 million.
UNC "will do an open search and plans for the first time, to actively pursue candidates outside of the Tar Heels' family," according to CBS Sports. The candidates drawing the most attention carry steep price tags of their own. Alabama's Nate Oats, 51, carries an $18 million buyout, though the argument for his fit at Chapel Hill is straightforward: Davis' removal opens up one of the very best jobs in college sports. North Carolina has the most Final Four appearances and No. 1 seeds of any program in men's college hoops history. At Alabama, a football-crazed campus, Oats has led the Crimson Tide to a program-record four consecutive Sweet 16 appearances; at UNC, he would be the most powerful coach on campus.

Arizona's Tommy Lloyd presents a different set of complications. His buyout stands at $11 million if he departs after the 2025-26 season, and the former Gonzaga assistant is deeply entrenched on the West Coast. Lloyd has led Arizona to five consecutive NCAA Tournament appearances since taking over the program in 2021. Michigan's Dusty May, who is 49 years old and has led the Wolverines to consecutive Sweet 16 appearances, with Michigan playing Alabama in the Sweet 16 this week, is also prominently mentioned among the targets. May is best known nationally for taking Florida Atlantic to the Final Four in 2023.
The search unfolds against a compressed timeline. The NCAA transfer portal opens April 7, creating immediate pressure on whoever takes the job to either stabilize the current roster or rebuild it from scratch. The Tar Heels' last transfer cycle brought in four blue-chip talents, a big spend that did not deliver the expected return on investment at the end of the season. With the money support set to wilt, a change had to happen.
Key wins over Kansas, Kentucky and Duke proved not enough for Davis, whose squad finished fourth in the ACC and was eliminated by Clemson in its first ACC Tournament game. UNC's season was hindered by the season-ending injury of first-year forward Caleb Wilson, the projected top-5 NBA Draft pick who was North Carolina's leading scorer and rebounder. Wilson posted Tuesday night on X: "Thank you for everything Coach Davis, one of the best men and coaches in my life."
The broader college basketball coaching market is already churning around the UNC vacancy. Syracuse hired ex-Orange star Gerry McNamara as its next coach, Cincinnati brought in Jerrod Calhoun to replace Wes Miller, and Creighton's Greg McDermott announced his retirement after 16 seasons. Each move narrows the pool of available candidates and adds urgency to a search that Chapel Hill can ill afford to get wrong.
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