Negotiating a financial settlement is all that's left for basketball coach Jim Valvano, who is being forced to leave North Carolina State University.
"It has become clear to me that the option of staying on and changing the basketball team is no longer available to Jim Valvano," Woody Webb, Valvano's attorney, said Tuesday."He understands that the prevailing sentiment right now on the part of the university system is that he go," Webb said. "Therfore, we are focusing our efforts on trying to resolve this monetarily."
The university's board of trustees voted 9-3 on March 21 to remove Valvano. Monday, the University of North Carolina system Board of Governors gave N.C. State permission to sue Valvano for breach of contract.
Webb met for one hour Tuesday with N.C. State negotiator Howard Manning and Andrew Vanore Jr., chief deputy state attorney general. Webb said after the meeting he was "tired of bashing my head against a stone wall." Manning and Vanore declined comment. Webb said settlement proposals were discussed but no figures were mentioned.
Valvano's contract has a buyout clause that says the university must pay him $500,000 if he is terminated for any reason other than a felony conviction or involvement in a major NCAA violation.
The clause also states Valvano must pay the university $500,000 if he leaves the job he has held for 10 seasons.
Valvano was criticized last year when an internal investigation found academic policies had been "bent" to accommodate basketball players. That report led to an investigation by the NCAA that found eight violations, including players selling complimentary game tickets and game shoes.
At the March 21 trustee meeting, Interim Chancellor Larry Monteith gave a report showing that of the 41 players Valvano has coached at N.C. State, 30 had a grade point average of less than a 2.0 on a 4.0 scale.