Danny Manning, 47, led Tulsa to the Dance in his second year as a head coach. (USATSI)

Wake Forest has offered its men's basketball coaching vacancy to Tulsa's Danny Manning, and sources told CBSSports.com on Wednesday that the offer is significant enough that the No. 1 overall pick of the 1988 NBA Draft would have to "leave a lot of money on the table" to remain at Tulsa despite the fact that Tulsa is prepared to counter with a notable raise.

Thus, sources said, Manning is leaning toward leaving.

"It looks like he'll go unless the deal falls apart," one source said.

A final decision is expected to be made by the end of this week, at the latest.

Manning, 47, led Tulsa to the NCAA Tournament this season in just his second year as a head coach. Assuming he accepts Wake Forest's offer, he'll replace Jeff Bzdelik, who never finished better than ninth in the ACC nor made the NCAA Tournament in four seasons at the school.

Wake Forest finished 6-12 in the ACC this season.