According to several reports, the 51-year-old Boston native will be fired Monday by the University of Tennessee.
VolunteerTV.com reported that "sources close to the program" said Pearl will be fired. CBS' Gary Parrish echoed that report via Twitter, as did Fox Sports' Jeff Goodman.
Pearl led the Volunteers to a 19-15 record this season before they were blown out in the opening round of the NCAA tournament in a 75-45 loss to Michigan. Just two days earlier, athletic director Mike Hamilton said that Pearl's future at the university had yet to be determined.
"We've done a lot of soul searching about the direction of our program, and we'll continue to do that, and we'll decide after we're out of the NCAA tournament what direction it is that we're going to go next," Hamilton said in a radio interview. "The jury is out with what's going to happen on that."
Pearl brought 145 wins in six seasons at Tennessee, but he brought some bad publicity in the past year for lying to NCAA investigators. He was suspended for eight SEC games last year and took a $1.5 million pay cut.
Pearl still had support from Tennessee fans, as 100 people held a rally on Sunday in support of keeping the coach.