A hefty proposed settlement in the long-simmering battle between the University of Hawaii and former men’s basketball coach Gib Arnold is scheduled to go to the school’s Board of Regents next week. 

The amount was not disclosed but, by its policy, the Board must approve any settlement in excess of $500,000. Arnold has been seeking $1.4 million from UH under terms of his 2011 contract. 

The regents meet Thursday at UH-Maui College where the proposal is scheduled to be discussed in closed-door executive session, according to the agenda posted today which listed an item for “Settlement of Claims Involving Gibson K. Arnold.” 

Word of a proposed settlement comes after reports of a mediation session last month and just before Thursday’s scheduled hearing by the NCAA Committee on Infractions in Dallas. UH officials and Arnold are to appear to answer questions regarding NCAA allegations of seven rules violations. 

Representatives of UH and Arnold met late last month with mediator Keith Hunter. 

UH spokesman Dan Meisenzahl said, “There is a tentative settlement agreement between the university and former UH men’s basketball coach Gib Arnold. We are unable to provide any further details until it goes before the Board of Regents at the Oct. 15 meeting.” 

Jim Bickerton, Arnold’s Honolulu attorney, said, “The parties made good progress at the mediation with Mr. Hunter and now we’re waiting to see what the Board of Regents will do.” 

Arnold was fired without cause Oct. 28, 2014, amid an NCAA investigation of the men’s basketball program. 

Arnold filed a grievance with his union, the Hawaii Government Employees Association, in February seeking the $1.4 million under provisions of his contract. After arbitration failed, UH filed a June lawsuit in Circuit Court claiming Arnold owed the school more than $2,000 for a past travel advance. 

In September Arnold filed a motion asking that the suit be dismissed. 

Arnold, who was previously an assistant at USC, coached the Rainbow Warriors for four seasons (2010-11 through 2013-14) compiling a 72-55 record and the program’s first 20-win season (20-11 in 2013-14) in 10 years. 

As part of its self-imposed penalty submitted to the NCAA, UH has said it will vacate 36 victories that it said involved two ineligible players, leaving Arnold with a 36-55 record. 

Arnold took a job as a scout with the Boston Celtics last month.