North Carolina basketball is on the search for a new head coach.
Hubert Davis will not return to the Tar Heels, with the coach departing days after its stunning collapse in the first round of the NCAA Tournament.
"Tonight, I was let go by the University of North Carolina-Chapel Hill. My desire was to continue to coach here. This opportunity has truly been such a blessing," Davis said in a statement.
Davis' time in Chapel Hill ends with a 125–54 record in five seasons and one Final Four appearance. According to Davis' contract, obtained by the USA TODAY Network, North Carolina owes Davis $5.312 million for firing him as of April 1.
UNC basketball coach candidates: Who will replace Hubert Davis? Expect big names linked
