Former New England Patriots coach Bill Belichick signed his term sheet to be the next coach at the University of North Carolina. However, according to CBS Sports' Jonathan Jones, he has yet to sign his final contract with the school.

Per CBS Sports: “Sources tell CBS Sports — and UNC confirmed this week — that there is no fully-executed and signed contract between Belichick and UNC. And industry sources say that could lead to a legal gray area about how much, if any, of a buyout there would be if Belichick left for the pros.”

Bill Belichick has been linked with an NFL return ever since he was named head coach at the University of North Carolina, and the rumors are showing no signs of stopping.

Former New England Patriots head coach Bill Belichick recently accepted the head coaching job with the North Carolina football team. Belichick was looking for an NFL job last offseason, but there were no takers despite his roaring success with the Patriots.