The shot across UNC's bow has been fired by the Southern Association of Colleges and Schools Commission on Colleges accrediting agency.
The public university could face warnings or probation as a result of the academic fraud findings, which showed student-athletes accounted for nearly half of enrollments in "irregular classes" over an 18-year period.
But the school is unlikely to lose its membership in the group, said Belle Wheelan, president of the Southern Association of Colleges and Schools Commission on Colleges.
"We don't just drop schools," she said. "We give them time to fix things that are wrong first."
The possibility was first raised at mgoblog.com in an October 29 post:
Does Roy Williams and/or Larry Fedora get fired over this?
Note: I don't think this is OT as it surely will be a consideration in President Schlissel's pursuit of an Athletic Director.