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The Associated Press | April 14, 2014

Maine buys out Woodward

  Ted Woodward spent the last 18 years at Maine as an assistant and head coach.

ORONO, Maine -- Maine says it is buying out the contract of its longtime men's basketball coach and looking for a replacement.

President Paul Ferguson says the university decided to replace head coach Ted Woodward after evaluating the program over several weeks. Woodard will be paid $113,800 over 13 months as terms of the buyout, ending his 18 years career as an assistant and head coach.

He had two years remaining on his contract extension. His tenure ends Monday.

The president praised the coach in an announcement Monday for his commitment to the university both "athletically and academically." The university says it will begin a national search for his replacement immediately.

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