Danny Manning is leaving Tulsa to take over as Wake Forest's basketball coach.
Athletic director Ron Wellman announced Manning's hiring on Friday.
The school says it will hold a news conference next week on its campus in Winston-Salem, N.C.
Both Wellman - who also chairs the NCAA tournament selection committee - and Manning are in North Texas for the Final Four.
Manning attended high school in nearby Greensboro before becoming an All-American at Kansas, leading the Jayhawks to the 1988 national championship and playing 15 years in the NBA.
He was 38-29 with two postseason berths in two seasons at Tulsa.
His hiring ends Wake Forest's two-week search for a replacement for Jeff Bzdelik, who resigned under intense public pressure following four mostly unremarkable seasons.