Multiple sources are now reporting that Shaka Smart will become the new head coach at Texas. Smart wrapped up a meeting with his team at around 10:30 tonight. After the meeting, VCU released the following statement, "Out of respect for Coach Smart and the University of Texas, we decline comment at this point. Athletic director Ed McLaughlin has spoken with Coach Smart and we will have a statement tomorrow."

In his six seasons as the head coach at VCU, Smart went 163-56. He will replace Rick Barnes who departed for Tennessee earlier this week.

More on this as it becomes official.