Rashad McCants won’t answer whether he’ll speak with UNC or investigators, but he says the University and the NCAA are prepared to pay him more than $300 million.

The former UNC basketball standout appeared on SiriusXM satellite radio this week saying the NCAA is writing him a check for more than $300 million to help build sports education programs across the country. He said UNC is writing him a check for $10 million for exploiting him while he was on the men’s basketball team and for the lack of education he received.

The more McCants speaks, the less his story seems to be told. This is the fourth time he has spoken out nationally since his first interview on ESPN’s “Outside the Lines”. In that interview, he said that tutors wrote papers for him and he remained eligible only because of “paper classes” that required no attendance – and that his coaches, including head coach Roy Williams, were fully aware of what was going on. He returned to ESPN June 11 with little new information after Williams was interviewed saying he can’t believe what his former player said was taking place.

McCants’ credibility has been called into question since he went behind the mic in June. In a 2004 interview with WRAL, he compared life as a college athlete to being in jail, which he said was originally his uncle’s thought. McCants said, “Once you get out of jail, you’re free. (I’m) in my sentence, and I’m doing my time.” He said he went to class, did all his work, and went to practice and that being a part of that program kept him from doing some of the things non-athletes were able to do in college like vacationing during Fall Break.

He appeared a week later in a press conference with head coach Roy Williams. McCants explained that he was attempting to show how regimented the program was and that he was misunderstood.

Williams shared how angry he was in that press conference saying he told McCants to leave the next practice as soon as he got there. He said he told him, “there (is) a big difference in playing college basketball and being in jail. Like the game Monopoly, I told him I could just give him a ‘Get out of jail free’ card and he could leave.” Williams said he later watched the full ten-minute interview and better understood what he was trying to say. McCants was allowed to come back to practice, and Williams said he didn’t have any other problems with him.

Former Assistant Attorney General for National Security and Homeland Security Advisor, Kenneth Wainstein is conducting an independent external review of UNC’s academic irregularities. He said he reached out to McCants in May requesting an interview. That request was denied, and since McCants’ appearance on ESPN, Wainstein said he has sent another request hoping he is now willing to speak.

The NCAA announced late last month that it has reopened its 2011 investigation into the University. In a statement, athletic director Bubba Cunningham said, “the NCAA has determined that additional people with information and others who were previously uncooperative might now be willing to speak with the enforcement staff.”