
Bill Belichick hit with UNC bombshell just two months out from his first game as coach
UNC is re-organizing its athletic department - with Athletic Director Bubba Cunningham set to move to a new position.
After assuming the job in November of 2011, Cunningham is entering his final year in his current role before transitioning to a job as Senior Advisor to the Chancellor and Athletic Director next summer.
The move was announced alongside the news that Cunningham agreed to a contract extension of two years.
Replacing him will be Steve Newmark, the president of the NASCAR team Roush Fenway Keselowski (RFK) Racing.
RFK Racing is a division of the Fenway Sports Group - which also owns the Premier League 's Liverpool FC, MLB's Boston Red Sox, and the NHL's Pittsburgh Penguins.
'As part of my last contract extension, I committed to working with University leadership on a succession plan that would positively position Carolina Athletics and our 28 teams for the future,' Cunningham said in a statement.
'I appreciate the opportunity to extend my contract and enhance my role in a way that will allow me to continue to support our outstanding student-athletes, coaches and staff as we transition and navigate the changing athletics landscape. I am excited for the future.'
In the interim, Newmark will take on the role of Executive Associate Athletic Director - with the position reporting to Cunningham and initially focusing on strategies to generate revenue for the Tar Heels' football, men's basketball, and women's basketball teams.
Cunningham came under fire earlier this year for a controversy in another role he held as the chairman of the selection committee for the 2025 NCAA men's basketball tournament - also known as March Madness.
He was accused of favoritism when UNC was selected as one of the last four teams to make the NCAA tournament - prompting an investigation from the West Virginia attorney general into possible collusion.
Cunningham denied being a part of the decision to include the school he works for.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Reuters
23 minutes ago
- Reuters
Asian stocks waver, dollar frail as Trump's tariffs, US rate path weighs
SINGAPORE, July 2 (Reuters) - Asian stocks slipped on Wednesday and the dollar languished near 3-1/2-year lows as investors weighed the prospect of U.S. interest rate cuts and the scramble for trade deals ahead of President Donald Trump's July 9 deadline for tariffs. Trump said he was not considering extending the July 9 deadline for countries to negotiate trade deals with the United States, and cast doubts again that an agreement could be reached with Japan, although he expects a deal with India. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS), opens new tab eased 0.23% in early trading, inching away from the November 2021 top it touched last week. Japan's Nikkei (.N225), opens new tab fell 0.78%, dragged by tech stocks. Tech-heavy Taiwan stocks (.TWII), opens new tab and South Korea's Kospi Index (.KS11), opens new tab also fell after U.S. tech firms were hit hard following a strong rally in June. Data on Tuesday showed the U.S labour market remained resilient with a rise in job openings for May, sharpening the focus on the payrolls report due on Thursday as investors try to gauge when the Federal Reserve is likely to cut rates next. Fed Chair Jerome Powell, under fire from Trump to cut rates immediately, reiterated that the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates. Traders are pricing in 64 basis points of cuts this year from the Fed with the odds of a move in July at 21%. That maintained a bearish bias on the dollar. The euro last bought $1.1793, just below the three-and-half-year high it touched on Tuesday. The yen was steady at 143.52 per dollar. "Any disappointing economic data can prompt further dovish repricing of FOMC rate cuts and another round of USD selling," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "The 'One Big Beautiful Bill' Act (OBBBA) and trade developments also have the potential to further weaken the USD if they undermine investor confidence about the U.S. economy." Investor focus over the last few days has pivoted to the progress of Trump's massive tax-and-spending bill, which is expected to add $3.3 trillion to the national debt. The legislation heads to the House of Representatives for possible final approval after U.S. Senate Republicans passed it by the narrowest of margins. The bill has stoked fiscal worries but the reaction was relatively muted after it passed the Senate. The benchmark U.S. 10-year yields were steady at 4.245% having touched a two-month low in the previous session. Aninda Mitra, head of Asia macro strategy at BNY Investment Institute, said the legislation "hard wires" a steady deterioration of the fiscal position and the debt trajectory of the U.S. government. "The near-term impact is mostly in the price, but the uncertainty factor could keep term premia elevated. We don't think long-term yields will fall back materially in the 6-12 month horizon." The fiscal worries, trade uncertainties and the U.S. rate path trajectory have all led investors to flee U.S. assets and look for alternatives. Investors worry that Trump's chaotic trade policies could hit U.S. economic growth. That has left the dollar unloved, with the greenback down over 10% for the year in its worst first half performance since the 1970s. The dollar index , which measures the U.S. currency against six rivals, was at 96.649, near its lowest since March 2022. In commodities, spot gold eased to $3,332.19 per ounce, after surging 1% in the previous session. The yellow metal is up 27% this year on safe-haven flows.


Reuters
25 minutes ago
- Reuters
Astros ride Victor Caratini's slam to victory over Rockies
July 2 - Victor Caratini's grand slam capped a five-run second inning, and the Houston Astros held on to beat the Colorado Rockies 6-5 in Denver on Tuesday night. Christian Walker went 3-for-4 with an RBI single while Cam Smith, Mauricio Dubon and Caratini had two hits each for the Astros, who posted their seventh win in eight games. Bennett Sousa (2-0), the second of five relievers, pitched one scoreless inning. Josh Hader allowed a run in the ninth but picked up his 24th save. Hunter Goodman homered twice in his return to the lineup, Jordan Beck collected a career-high five hits and Ryan Ritter had two hits for the Rockies. Colorado took its ninth loss in 11 games. Goodman, who missed four games because of left hamstring tightness, put Colorado ahead with a solo home run in the first. The Astros tied it in the second with Walker's two-out RBI single. Houston went ahead for good in the third. Dubon singled, Isaac Paredes walked, and Dubon took third base on Chase Dollander's errant pickoff attempt. Dubon scored on Jake Meyers' groundout, Jose Altuve walked and Smith singled to load the bases. Caratini followed with a line drive into the seats in right to give the Astros a 6-1 lead. It was his seventh home run of the season and third grand slam of his career. Dollander (2-9) left after giving up another hit. He allowed six runs on seven hits in 2 2/3 innings, with two walks and one strikeout. The Rockies chipped away at the deficit. They got a run in the bottom of the third when Goodman scored on Thairo Estrada's sacrifice fly and added another in the fourth when Ritter scored from first on Tyler Freeman's two-out double. Colorado scored again in the fifth but ran itself out of a bigger inning. Beck led off with a double, went to third on a groundout and scored on Brenton Doyle's infield single. Kyle Farmer then hit a ball that Meyers trapped off the fence in center, but Doyle thought Meyers made a clean catch. Doyle retreated back toward first and was forced out at second. Michael Toglia then singled to chase Astros starter Colton Gordon, who allowed four runs on nine hits in 4 2/3 innings. Gordon fanned three and walked two. Goodman's homer with one out in the ninth, his team-leading 16th, made it a one-run game. Beck followed with a single, but Hader retired the next two batters. --Field Level Media


The Independent
26 minutes ago
- The Independent
Once known as 'Dirty Myrtle,' Myrtle Beach is now the fastest-growing US metro for seniors
A South Carolina beach town once nicknamed 'Dirty Myrtle' because of its rowdy nightclubs and strip joints has become a magnet for retirees in a nation that continues to age. The number of residents age 65 years and older in the Myrtle Beach metropolitan area grew by 6.3% last year, making it the fastest-growing metro area for senior citizens in the U.S., according to population estimates the U.S. Census Bureau released last week. During the 2020s, Myrtle Beach's senior population has grown by more than 22%, also the fastest rate in the United States this decade. Senior citizens now make up more than a quarter of the around 413,000 residents in metro Myrtle Beach, which once was known for being a budget beach destination. The community with a mile-long boardwalk and 200-foot Ferris wheel used to attract biker rallies which the city tried to end in the late 2000s because of the noise, traffic and rowdiness. But now the noisy streets have had to make room for quiet diners and pickleball courts. The COVID-19 pandemic played a role in the area's senior boom as people in such places as Ohio and New York who had been vacationing for years in Myrtle Beach realized they could retire early or work from home anywhere, said Mark Kruea, a longtime public information officer for Myrtle Beach who is now running to be mayor. 'Many people converted that thought into action,' Kruea said. 'The climate's great, taxes are low, there's a wealth of opportunities for recreation, dining and shopping.' A graying United States The U.S. population age 65 and older rose by 3.1% last year, while the population under age 18 decreased by 0.2%. In the past two decades, seniors have increased from 12.4% to 18% of the U.S. population, while the share of children has dropped from 25% to 21.5%, according to the population estimates. Maine, Vermont, and Florida were the only three states where older adults outnumbered children as recently as 2020. But four years later, those states were joined by Delaware, Hawaii, Montana, New Hampshire, Oregon, Pennsylvania, Rhode Island and West Virginia. Maine last year had the oldest median age at 44.8, while Utah's was the youngest at 32.4. Groups that saw the most growth The share of the U.S. population that is Hispanic reached 20% last year for the first time, helped by an annual gain of 1.9 million Hispanics mostly through migration. In pure numbers, the Hispanic population grew the most last year in the New York, Houston and Miami metro areas. When it comes to growth rates, the biggest gains were in smaller metros such as Ocala, Florida; Panama City, Florida; and St. Joseph, Missouri. For Black residents whose growth last year was split between migration and natural increase, the biggest gains were in the Houston, New York and Dallas-Fort Worth metro areas in pure numbers. Bozeman, Montana, and Provo, Utah — metro areas with tiny Black populations to start with — were tops in growth rates. In pure numbers, the New York, Dallas-Fort Worth and Seattle metro areas had the biggest Asian population gains, and the growth came primarily from migration. The largest growth rates were in three metro areas with small Asian populations: Farmington, New Mexico; Bismarck, North Dakota; and Burlington, North Carolina. The non-Hispanic white population in the United States declined slightly last year, but it grew the most in the Nashville, Tennessee; New York and Charlotte, North Carolina metro areas in pure numbers. The biggest growth rates for the white population were in the Myrtle Beach; Daphne-Fairhope, Alabama; and Wilmington, North Carolina metro areas. The decline in the white population was driven by deaths outpacing births. ___ Follow Mike Schneider on the social platform Bluesky: @