The big outcry from many fans, is that Mike Hamilton made this statement two days before the Vols play in the first round of the NCAA Tourney. They believe that Hammy sabotaged the team by making the announcement when he did. My feelings are that this was a well thought out and planned statement from Hammy.
Mike Hamilton has a brand to protect, first and foremost. Bruce Pearl has harmed the program's image and the networks have not been shy about telling the world as loud and as often as they can. Hamilton was not ready to blow up the program in preseason, as the team was about to start practice and play. However, the season has progressed and in light of the NCAA's letter of charges, a new charge against Bruce Pearl, came to light. Hammy is making it clear that Pearl's conduct was not acceptable and a fireable offense. He is also making it clear that Bruce Pearl's refusal to sign the new contract is an openly rebellious offense against the UTAD, in light of the NCAA charges and potential punishment facing the coach and school. A move to break ties with Bruce Pearl is likely to help absolve the UTAD and bring a much lighter penalty against UT in the punishment phase of the NCAA's handling of this matter.
Secondly, the statement was made, as an announcement that the back channels of communication between the UTAD and potential coaches is open. The NCAA tournament is the best place to find your best coaches. Mike Hamilton is making sure that aspiring candidates have time to think about the UT basketball job and what it offers. Coaches will not be shy to have their attorneys and agents go through the back channels ask about the UT hoops job and have UT gauge their interest in their candidates.
In hindsight, Mike Hamilton is doing what is right for UT and protecting the long term interests of the UT basketball program.