HONOLULU (KHNL) -- A day after losing Coach June Jones to Southern Methodist University, the University of Hawaii on Tuesday bought out the contract of Athletics Director Herman Frazier.
Frazier has come under fire from Hawaii fans and supporters for months.
First it was the football schedule, then the Sugar Bowl tickets debacle.
And of course the final straw - June Jones leaving the Manoa campus.
Many feel like Frazier just didn't do enough to keep Jones in Hawaii.
And Tuesday, it appeared that the university administration agreed with the public.
But their decision comes at a hefty price.
University President David McClain said part of the duty of a good athletics director is to make sure you hold on to good coaches when you've got them.
Herman Frazier lost June Jones, and Tuesday it cost him his job.
The university released the details of the two parties' agreement.
It will buy out Frazier's contract, which doesn't expire for 2 and a half years, for more than $312,000.
Details of the agreement still have to be finalized and require the approval of the university Board of Regents.
Additionally, university administrators plan to recommend that Associate Athletics Director Carl Clapp be appointed as Acting Athletics Director.
And the university has now advertised the head football coaching position on its website.
"I just think it's good that we can all move on. It's unfortunate that things couldn't have been documented better, but I want what's best for this state and it doesn't bring me any happiness at all, except for it's good to move and it's probably good for him to move on also," said former University of Hawaii player and Na Koa booster Kent Unterman
Officials at the University of Hawaii said Frazier and the university both recognize that this move would be in the best interest of the athletics program.
Now the school will need to find a new athletics director and head football coach as quickly as possible, as the all important recruiting season is getting set to begin.
But perhaps a glimmer of hope on the horizon.
Sources have told us Defensive Coordinator Greg McMackin's moved up to one of the favorites to replace June Jones, despite initial reports saying he'd be following June to Dallas.
Of course nothing is official just yet, but McMackin certainly has an impressive resume spending time as a coach in the NFL, USFL, and 10 other college programs.