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Waters told staff he's considering resigning

Updated: February 27, 2006, 12:52 PM ET
By Andy Katz | ESPN.com

Rutgers coach Gary Waters admitted to his staff Sunday that he is considering resigning but hasn't made up his mind yet, a source close to the Rutgers staff told ESPN.com on Monday.

The Bergen Record of New Jersey reported Monday morning that Waters' five-year tenure is nearing an end, with a reported $500,000 offer on the table to buy out the remaining four years of his contract.

The source told ESPN.com that Waters told his staff "nothing has been worked out" and said, "He's ...

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