I think Tennessee would have to have a firm indication that he'd accept before they'd offer (if that's where they're headed). Any indication on whether he'd accept said offer or is this more posturing for improvements at UNC?
Butch Davis did this at UNC a couple years ago and got a $291,000 raise with a 4-8 record (under a different AD).
With an 8-4 record, could be a legit move.
I hope we keep him 3-4 years, but not if he's such a dick that he'd bolt after 1 season. If so, we're better off without him (not sour grapes, reality).
I don't see new money on the horizon, but maybe after 2 winning seasons. Could parlez this into an extension of his contract, more dough for his assistants. Facilities are now top notch.