Hubert Davis buyout at North Carolina: Contract details for Tar Heels coach

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March Madness has struck again, hard.

Hubert Davis and No. 6 seed North Carolina not only were upset by No. 11 seed Virginia Commonwealth on Thursday, March 19 — ending the Tar Heels' hopes for a Men's NCAA Tournament run in the first round — but they also let the Rams claw back from a 19-point deficit to win 82-78 in overtime.

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North Carolina did not score a single basket in the extra period.

The Tar Heels were already short-handed in the postseason after an injury to Caleb Wilson, who led the team in nearly every major category before a broken right thumb ended his season. But the way the Tar Heels lost, coupled with a second first-round exit in as many years, has raised questions as to the future of the program under Davis.

Davis opened his tenure at North Carolina in 2021-22 replacing the legendary Roy Williams with a run to the national championship game, where the Tar Heels gave up a 22-point lead and eventually fell 72-69 to Kansas. Since then, the Tar Heels have declined an NIT invitation in 2023 and made the Sweet 16 in 2024 before their recent stumbles.

Here's what to know of Davis' buyout and contract information at UNC following the Tar Heels' upset loss to VCU:

Hubert Davis buyout at North Carolina

According to Davis' contract, obtained by the USA TODAY Network, North Carolina would owe the coach $5.312 million if he were to be fired on April 1.

Hubert Davis contract details at North Carolina

  • Length: Contract is six-year deal through June 30, 2030.
  • Base salary remaining: $5.3 million.
  • Supplemental compensation remaining: $11.7 million.

According to North Carolina's contract with Davis obtained by the USA TODAY Network, the deal runs through June 30, 2030. In addition to his $1,250,000 annual base salary, he is earning $1,800,00 in supplemental pay for the 2026 contract year. The supplemental part of his compensation increases by $100,000 in each of the remaining four years left on the contract. Davis also earns $50,000 in annual expenses from the university and has separate yearly payments from Nike ($200,000) and Learfield Sports ($500,000).

His total pay for the 2026 contract year is $3,850,000. The compensation will increase by $100,000 in each of the remaining four years.

This article originally appeared on USA TODAY: Hubert Davis buyout, contract details for UNC basketball coach

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