Billy Gillispie to Texas-Pan American?

Apparently, Billy Gillispie is rumored to be in the running for the head coaching position at Texas-Pan American in Edinburg, Texas.

Texas-Pan American is a member of the Great West Conference and is coming off a 10-17 season. The teams RPI at the end of last season was 329 on the list of 343 schools. Texas-Pan American isn't know for there basketball tradition but Gillespie has previous success in turning programs around (i.e. In his three seasons at Texas A&M the team achieved three consecutive 20-win seasons for the first time in program history.)

Texas-Pan American's program is currently under an internal investigation for possible NCAA violations. So far, 28 coaches have applied for the position.

This sounds like a terrific fit for Gillispie to get back on his feet. He would be able to return to the comfortable, "home" setting of Texas, where he undoubtedly has many connections. UT-Pan American would also put Gillispie out of the spotlight so that he can focus on basketball. If he is able to turn the program around, he will then get an opportunity at a higher profile school.

Source

UPDATE: I received an update from John Clay of the Herald Leader via Twitter that UT-Pan American's final four in the coaching search have been announced; Billy Gillispie is not one of the final four candidates announced publicly. This does not mean he has no chance of getting the job, however. They could still potentially hire Gillispie if both parties like each other and an agreement can be reached.