Bill Belichick has a simple way out of the North Carolina contract as NFL teams reach out about a potential return to coaching.

As noted when Belichick first signed with UNC, his contract includes a section detailing what would happen if the coach terminated his contract without cause. If he does so before June 1, 2025, then Belichick (or the NFL team that hires him) owes the university a whopping $10 million. But after June 1, it drops to merely $1 million.

Bill Belichick walked to a podium, announced his resignation as the head coach of the New York Jets hours after taking the job — an announcement he scribbled on a napkin ahead of the conference — and left to take the same position with the New England Patriots.