Pitt has offered its head coach vacancy to Vanderbilt's Kevin Stallings and he is expected to accept, multiple sources told CBS Sports on Saturday.
A source said that Stallings and Pitt spent several hours on Saturday working out contract details.
An announcement is expected as early as Monday barring a last minute snag in negotiations.
Stallings has been at Vanderbilt for 17 years and has an overall record of 332-220 with seven NCAA Tournament appearances during that span.
Pitt is looking to replace Jamie Dixon, who took the TCU job last Monday.
The Panthers finished 21-12 this past season and lost to Wisconsin in the first round of the tournament.