Arkansas coach Stan Heath was fired this afternoon after leading his team to consecutive 20-win seasons and a berth in the NCAA tournament this season, according to sources close to the Razorbacks program.
Heath was informed by Arkansas athletic director Frank Broyles just hours ago and will receive a setttlement in the vicinity of $1 million.
According to the same sources, Heath will likely be replaced by Texas A&M coach Billy Gillispie. One source even maintained that Gillispie has agreed in principle and could be introduced as soon as Tuesday.
Gillispie has led Texas A&M to a 70-26 record over the past three seasons. The Aggies reached the second round of the NCAA tournament last year and were eliminated in the Sweet 16 this season.
Arkansas finished 21-14 this past season and returns nearly everyone while the Aggies lose Acie Law IV and potentially big man Joseph Jones.