After an embarrassing loss to VCU in the first round of theNCAA Tournament, Hubert Davis and North Carolina find themselves at a crossroads regarding his future in Chapel Hill.

There had already been serious concerns about whether Davis could turn the UNC program back into a national championship contender, but now those questioning his ability to get the job done have grown increasingly frustrated.

Since blowing a 19-point lead to VCU, sources have told OutKick that boosters who help fund the basketball program outside rev-share have found themselves questioning the return on investment, along with taking the chance on what Hubert would be able to do with another influx in additional funding.

Athletic director Bubba Cunningham continues to meet with top officials since the loss to VCU to discuss the magnitude of making this decision and launching a coaching search that would be the hottest in college basketball.

One of the problems with funding another massive hire, along with the budget needed to field a superb roster, is the amount of money currently being spent on Bill Belechick's football program.

Sure, if given enough incentives that North Carolina basketball could get back to a point of contending yearly for a title with the right hire, boosters would be more than willing to help fund the transition.

But, they also need guarantees that the pool candidate would garner some of the biggest names in college basketball. That part won't be a problem, according to multiple agents who spoke with OutKick.

This would be the most sought-after position in recent memory, given schools like Duke and Virginia have gone with immediate hires that were already in place at each school.

Hubert Davis' future at North Carolina is in serious doubt. (Photo by Jamie Sabau/NCAA Photos via Getty Images)

For Hubert Davis, who is a UNC legend, this is obviously not how he saw his tenure playing out in Chapel Hill. Yes, he was given the job when Roy Williams retired, but the thought process around UNC was that he would have them competing for a title on a consistent basis. He has an overall record of 125-54 with four NCAA Tournament appearances and one Final Four appearance in his first season.

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