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 towin 82-78 in overtime.
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 abroken right thumbended his season. But the way the Tar Heels lost, coupled with a second first-round exit in as many years, has resulted in Davis' firing at North Carolina.
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 declined an NIT invitation in 2023, made the Sweet 16 in 2024 and saw first-round exits in 2025 and 2026 (albeit winning a First Four game in the former NCAA tournament).
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Here's what to know of Davis' buyout and contract information at UNC following the Tar Heels' upset loss to VCU:
North Carolina Tar Heels center Henri Veesaar reacts after losing to the VCU Rams in overtime of a first round game of the men's2026 NCAA Tournamentat Bon Secours Wellness Arena on March 19, 2026 in Greenville, SC.
(Bob Donnan, Imagn Images)
Brendan Coyle #21 of the Siena Saints reacts after the game against the Duke Blue Devils in the first round of the 2026 NCAA Men's Basketball Tournament at Bon Secours Wellness Arena on March 19, 2026 in Greenville, SC. The Duke Blue Devils defeated the Siena Saints 71-65.
(Jared C. Tilton, Getty Images)
Head coach Kelvin Sampson of the Houston Cougars shakes hands with members of the Idaho Vandals following the first round game of the 2026 NCAA Men's Basketball Tournament at Paycom Center on March 19, 2026, in Oklahoma City, Oklahoma.
(Stacy Revere, Getty Images)
McNeese Cowboys guard Tyshawn Archie (8) walks off the court after losing to the Vanderbilt Commodores during a first round game of the men's2026 NCAA Tournamentat Paycom Centeron March 19, 2026 in Oklahoma City.
(William Purnell, Imagn Images)
Riley Saunders #13 and Andy Stefonowicz #5 of the North Dakota State Bison high five after being defeated by the Michigan State Spartans in the first round of the 2026 NCAA Men's Basketball Tournament at KeyBank Center on March 19, 2026 in Buffalo, New York.
(Ishika Samant, Getty Images)
Wisconsin Badgersguard Braeden Carrington (0) and guard John Blackwell (25) react during the second half of a first round game of the men's 2026 NCAA Tournament against the High Point Panthers at Moda Center on March 19, 2026 in Portland, Or.
(Troy Wayrynen, Imagn Images)
Thomas Dowd of the Troy Trojansreactsafter coming out of the game against the Nebraska Cornhuskers during the second half in the first round of the 2026 NCAA Men's Basketball Tournament at Paycom Center on March 19, 2026 in Oklahoma City, Okla.
(Stacy Revere, Getty Images)
Ohio State Buckeyes forward Amare Bynum (1) and Ohio State Buckeyes forward Brandon Noel (14) react after losing to Texas Christian University Horned Frogs during a first round game of the men's 2026 NCAA Tournament at Bon Secours Wellness Arena on March 19, 2026 in Greenville, SC.
(Bob Donnan, Imagn Images)
Texas Christian University Horned Frogs forward Xavier Edmonds (24) reacts after defeating the Ohio State Buckeyes during a first round game of the men's 2026 NCAA Tournament at Bon Secours Wellness Arena on March 19, 2026 in Greenville, SC.
(Bob Donnan, Imagn Images)
Lehigh Mountain Hawks huddle together after being defeated by the Prairie View A&M Panthers during a first four game of the men's 2026 NCAA Tournament at University of Dayton Arena on March 18, 2026.
(Rick Osentoski, Imagn Images)
SMU Mustangs guard Boopie Miller (2) and SMU Mustangs center Jaden Toombs (10) leave the court after being defeated by the Miami (OH) RedHawks during a first four game of the men's 2026 NCAA Tournament at University of Dayton Arena on March 18, 2026.
(Rick Osentoski, Rick Osentoski-Imagn Images)
Trevon Blassingame #1 and Seth Joba #21 of the Idaho Vandals react after the defeat against the Houston Cougars in the first round of the 2026 NCAA Men's Basketball Tournament at Paycom Center on March 19, 2026, in Oklahoma City, Oklahoma.
(Stacy Revere, Getty Images)
1/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
North Carolina Tar Heels center Henri Veesaar reacts after losing to the VCU Rams in overtime of a first round game of the men's2026 NCAA Tournamentat Bon Secours Wellness Arena on March 19, 2026 in Greenville, SC.
(Bob Donnan, Imagn Images)
1/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
North Carolina Tar Heels center Henri Veesaar reacts after losing to the VCU Rams in overtime of a first round game of the men's2026 NCAA Tournamentat Bon Secours Wellness Arena on March 19, 2026 in Greenville, SC.
(Bob Donnan, Imagn Images)
2/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
Brendan Coyle #21 of the Siena Saints reacts after the game against the Duke Blue Devils in the first round of the 2026 NCAA Men's Basketball Tournament at Bon Secours Wellness Arena on March 19, 2026 in Greenville, SC. The Duke Blue Devils defeated the Siena Saints 71-65.
(Jared C. Tilton, Getty Images)
3/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
Head coach Kelvin Sampson of the Houston Cougars shakes hands with members of the Idaho Vandals following the first round game of the 2026 NCAA Men's Basketball Tournament at Paycom Center on March 19, 2026, in Oklahoma City, Oklahoma.
(Stacy Revere, Getty Images)
4/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
McNeese Cowboys guard Tyshawn Archie (8) walks off the court after losing to the Vanderbilt Commodores during a first round game of the men's2026 NCAA Tournamentat Paycom Centeron March 19, 2026 in Oklahoma City.
(William Purnell, Imagn Images)
5/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
Riley Saunders #13 and Andy Stefonowicz #5 of the North Dakota State Bison high five after being defeated by the Michigan State Spartans in the first round of the 2026 NCAA Men's Basketball Tournament at KeyBank Center on March 19, 2026 in Buffalo, New York.
(Ishika Samant, Getty Images)
6/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
Wisconsin Badgersguard Braeden Carrington (0) and guard John Blackwell (25) react during the second half of a first round game of the men's 2026 NCAA Tournament against the High Point Panthers at Moda Center on March 19, 2026 in Portland, Or.
(Troy Wayrynen, Imagn Images)
7/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
Thomas Dowd of the Troy Trojansreactsafter coming out of the game against the Nebraska Cornhuskers during the second half in the first round of the 2026 NCAA Men's Basketball Tournament at Paycom Center on March 19, 2026 in Oklahoma City, Okla.
(Stacy Revere, Getty Images)
8/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
Ohio State Buckeyes forward Amare Bynum (1) and Ohio State Buckeyes forward Brandon Noel (14) react after losing to Texas Christian University Horned Frogs during a first round game of the men's 2026 NCAA Tournament at Bon Secours Wellness Arena on March 19, 2026 in Greenville, SC.
(Bob Donnan, Imagn Images)
9/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
Texas Christian University Horned Frogs forward Xavier Edmonds (24) reacts after defeating the Ohio State Buckeyes during a first round game of the men's 2026 NCAA Tournament at Bon Secours Wellness Arena on March 19, 2026 in Greenville, SC.
(Bob Donnan, Imagn Images)
10/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
Lehigh Mountain Hawks huddle together after being defeated by the Prairie View A&M Panthers during a first four game of the men's 2026 NCAA Tournament at University of Dayton Arena on March 18, 2026.
(Rick Osentoski, Imagn Images)
11/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
SMU Mustangs guard Boopie Miller (2) and SMU Mustangs center Jaden Toombs (10) leave the court after being defeated by the Miami (OH) RedHawks during a first four game of the men's 2026 NCAA Tournament at University of Dayton Arena on March 18, 2026.
(Rick Osentoski, Rick Osentoski-Imagn Images)
12/12
March Sadness hits hard in the NCAA Men's Basketball Tournament
Trevon Blassingame #1 and Seth Joba #21 of the Idaho Vandals react after the defeat against the Houston Cougars in the first round of the 2026 NCAA Men's Basketball Tournament at Paycom Center on March 19, 2026, in Oklahoma City, Oklahoma.
(Stacy Revere, Getty Images)
Hubert Davis buyout at North Carolina
According to Davis' contract, obtained by the USA TODAY Network, North Carolina owes Davis $5.312 million if he is fired on April 1.
Hubert Davis contract details at North Carolina
Length:Contract is six-year deal through June 30, 2030.
According to North Carolina's contract with Davis obtained by the USA TODAY Network, Davis' deal ran through June 30, 2030. In addition to his $1.25 million annual base salary, he was earning $1.8 million in supplemental pay for the 2026 contract year. The supplemental part of his compensation was set to increase by $100,000 in each of the remaining four years left on the contract. Davis also earned $50,000 in annual expenses from the university and had separate yearly payments from Nike ($200,000) and Learfield Sports ($500,000).
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His total pay for the 2026 contract year is $3.85 million. The compensation was set to increase by $100,000 in each of the remaining four years.
