UNC Business & Administration

Complete coverage of North Carolina Tar Heels Business & Administration.

Hubert Davis Contract Details Released

North Carolina head men’s basketball coach Hubert Davis signed a five-year contract worth $9.75 million in salary, supplemental compensation, and multimedia and manufacturer deals. Davis will earn $400,000 in base salary, while his supplemental compensation begins at $600,000 in the first year and increases by $100,000 each subsequent year. (Inside Carolina)

UNC Board Of Trustees To Hold Emergency Meeting Monday

The UNC Board of Trustees is holding an emergency meeting at 3 p.m. Monday afternoon to review the terms and conditions of a prospective employment contract, a source has confirmed. The emergency meeting pertains to UNC assistant men’s basketball coach Hubert Davis and his candidacy for the head coaching position, according to the source. (Inside Carolina)

Bubba Cunningham has options for UNC but he can't make the wrong hire

This is the most important hire Bubba Cunningham will make in his professional career. No pressure. The future of Carolina basketball depends on it. And with Roy Williams’ retirement on Thursday, Cunningham finds himself at a crossroads at a time when college basketball is at a crossroads. The game has changed and more changes are coming. (WRAL Sports Fan)

Video: Bubba Cunningham Coaching Search Press Conference

North Carolina Athletics Director Bubba Cunningham speaks with the media on Thursday night to address the men's basketball coaching search in the wake of Hall of Fame coach Roy Williams' retirement earlier in the day. (View Video)

Bubba Cunningham Update On UNC Spring Sports Attendance

Yesterday, Governor Cooper issued NC Executive Order 204, which eases COVID-19 restrictions and will allow up to 50 percent capacity in athletics arenas – with mandatory physical distancing of six feet apart for ticketed groups. The six-feet distancing requirement means that the capacities at our venues will not significantly change at this time. (GoHeels.com)

UNC Sets Goal of ‘Full In-Person Instruction’ for Fall 2021

In a message to the campus community Friday, UNC leaders said the university hopes to make a full return to in-person instruction in the fall. “We are encouraged by the increasing pace of the vaccine rollout and decreasing trend in COVID-19 case counts locally,” said UNC Chancellor Kevin Guskiewicz and Vice Chancellor and Provost Robert Blouin. (Chapelboro.com)

John Swofford discusses ACC commissioner retirement and more

John Swofford served as athletic director at UNC from 1980 to 1997. In July 1997, he was named the fourth commissioner of the ACC, a job he will retain until his upcoming retirement in June 2021. Before his retirement, we talked with Swofford to discuss the lessons he learned throughout his life, the difficulties of his time as commissioner, and more. (Daily Tar Heel)

COVID-19's Impact on Carolina Athletics' 2019-20 Financials

A first look at COVID-19’s initial impact on UNC’s athletic department indicates a $2.6 million deficit during the 2019-20 fiscal year, according to the school’s annual financial report to the NCAA. Operating expenses outpaced total revenue for the second consecutive year. In 2018-19, UNC’s athletic department suffered a deficit of nearly $3 million. (Inside Carolina)

UNC Athletics Facing $30 Million Loss in Revenue for 2020-21

The North Carolina athletics department is facing a $30 million loss in revenue for the 2020-21 academic year, UNC Athletic Director Bubba Cunningham and Executive Director of the Rams Club John Montgomery told Tar Heel fans, supporters, and donors in a letter on Wednesday. The loss in revenue is directly related to the COVID-19 pandemic. (Inside Carolina)

Chansky’s Notebook: Numbers Don’t Lie

UNC released some impressive profits from its football program and almost break-even athletic department, but it is important to note that was for the 2019-20 fiscal year, which for the most part was pre-COVID. By selling out every home game in his first season back in Chapel Hill, Mack Brown’s football program raked in almost $50 million in revenues. (Chapelboro.com)

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