Tennessee Volunteers Athletic Director Dave Hart said Wednesday that UT has reached an agreement in principle with the University of Memphis to resume the basketball series with a four-year, home-and-home agreement.
"We're going to play," Hart told the Knoxville News Sentinel. "We're going to continue the basketball series."
However, FOX13 Sports Director Matt Stark has learned that while the two schools have had discussions about resuming the basketball series, the deal hinges on the football series resuming as well. According to a source, "bottom line, if we don't play football, we don't play basketball."
Hart though told the News Sentinel that a basketball agreement between the schools will not be stipulated by future football games.
A spokesman for Memphis Athletic Director Tom Bowen said that no contracts have been signed, and that nothing can be scheduled until Memphis gets a look at their future schedules as part of the brand new American Athletic Conference.
The Tigers and Vols aren't scheduled to meet in football until 2017.
Tennessee leads the all-time football series 22-1.