Well, according to Bovada.com (h/t collegefootballtalk.com), Davis is the front-runner to become the next head coach of the Volunteers.
You can put those Jon Gruden rumors to bed now because it likely isn't going to happen.
Here are some of the pros and cons for Tennessee possibly hiring Davis as the next guy to take over Tennessee.
Davis knows what it takes to succeed.
For a program that hasn't experienced much success over the years, Davis provides experience on the winning side of things. He has been a part of Super Bowl teams, won division titles in the Big East and helped put together some very successful Miami teams in his five years with the Hurricanes.
Bringing a winning attitude to the program is exactly what Tennessee needs, as it seems like forever since the Volunteers have been successful. In reality, they were having double-digit winning seasons back in 2007 and competing on a regular basis.
Also, due to his ties in the Miami area, relationships in the ACC and experience in the south, recruiting shouldn't be an issue. This was a guy that was able to recruit players such as Clinton Portis, Sean Taylor, Santana Moss and Ed Reed, just to name a few. Needless to say, he has the history of putting together remarkable recruiting classes, which is good enough to get this school back on top.
Davis also has a respectable coaching tree, where many of his former assistants have been able to move on and find head coaching positions. This list includes guys such as Chuck Pagano, Larry Coker, Greg Schiano and Randy Shannon.
With the recruiting track record and ties to the NFL (as a coordinator for the Dallas Cowboys and coach for the Cleveland Browns), recruits will be attracted to Davis.
Anytime there is a coach that has violated NCAA violations in the past, you have to be a little cautious with how you approach things. Davis was fired from North Carolina back in July of 2011 after the NCAA began an investigation on the program.
Is Butch Davis worth the risk?
The investigation revealed that improper benefits were given to North Carolina players and there was also an improper tutor being provided. Many players ended up suspended, coaches were fired and the school was handed a three year probation. A bowl ban was also implemented that took place this season.
This is not to say that something like this will happen again, but it is a dangerous road to travel, especially with Tennessee on probation until 2015. If something does in fact happen (If Davis is hired), the Volunteers will suffer some serious consequences similar to what we have seen with USC recently.
As for a negative, that is really as severe as you can get.
If these odds are accurate, Tennessee should take a long look and question the decision to find out if this move would be worth it.