Ever since Bill Belichick agreed to become the next head football coach of the North Carolina Tar Heels, questions regarding whether he would return to the NFL have surrounded him. Many have pointed to his buyout clause with UNC: $10 million if he terminates his employment with the school before June 1,

Bill Belichick is apparently working at North Carolina without a signed contract, sparkling speculation about an NFL return, but his GM looks to correct the record.

"Sources tell CBS Sports — and UNC confirmed this week — that there is no fully-executed and signed contract between Belichick and UNC. And industry sources say that could lead to a legal gray area about how much, if any, of a buyout there would be if Belichick left for the pros.

Bill Belichick is reportedly free to return to the NFL should he so desire as he has not signed his contract at UNC.

Bill Belichick has reportedly not yet signed a fully executed contract with North Carolina. His GM says there's nothing to worry about.

The North Carolina Tar Heels ' football program made one of the biggest surprise hires of the offseason after signing Bill Belichick to a five-year contract with an annual salary of $10 million. However, most of the guarantees are within the first three years of the deal.

Belichick stunned the footballing world by taking on the role as head coach at the University of North Carolina late last year, rather than waiting for a return to the NFL.

North Carolina head coach Bill Belichick remains the subject of NFL interest even as he prepares for his first year of coaching college football. But a recent report suggesting that he isn't fully committed to the program has been the last straw for the school's general manager.