North Carolina officially fires Larry Fedora, large buyout information revealed
The North Carolina Tar Heels just completed a 2-9 regular season, ending in an overtime loss to rival NC State on Saturday afternoon.
That abysmal record has now officially cost coach Larry Fedora his job, as North Carolina announced his firing on Sunday morning.
Per a release from the school, AD Bubba Cunningham thanked Fedora for all he’s done the past few years:
“We appreciate all that Larry Fedora has done for us over the last seven years – coming to Carolina in the midst of an NCAA case and bringing stability to our football program when we most needed it,” Cunningham said. “Despite injuries, despite setbacks and hardships, Larry never made excuses. He focused his teams on overcoming adversity, and I deeply respect the way he persevered and led our program each day with integrity through some tough times. This was not an easy decision because of the deep affinity I have for Larry. It simply is time to take our football program in a new direction.”
The release goes on to say that Fedora will receive a $12 million buyout — $3 million for each of the four years remaining on his contract.
The search is now on for the Tar Heels. Fedora is the second ACC coach fired this year, following Louisville’s firing of Bobby Petrino a few weeks ago.