Wallace, at Hawaii since 1987, to step down as coach
Wallace reportedly wants Bob Nash to have a shot at the spot, but suspects Frazier has his own plans.
Hawaii coach Riley Wallace will announce his resignation, effective the end of the season at a 1 p.m. (HST) news conference Friday, a source close to Wallace told ESPN.com Thursday night. Wallace, 65, was told by Hawaii athletic director Herman Frazier to make the announcement so that Frazier could get on with the search process, according to the source. Wallace and Frazier met recently and discussed the detailed language in his contract. In the contract, which Wallace signed three years ago, there is specific language that there would be no re-negotiation of the current deal. If Wallace were to be retained he would need to sign a new contract. Wallace signed the disadvantageous contract so he could get more money, a move that the source said he regrets.
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