JUST IN: Favorite revealed to replace John Beilein at Michigan

On Monday morning, news broke that John Beilein was stepping away from Michigan to become head coach of the Cleveland Cavaliers.

http://gty.im/937555426

The big question is, who will be the Wolverines' next head coach?

According to Bovada, Texas Tech head coach Chris Beard is currently listed as the odds on favorite to land the gig, followed by former Louisville head coach, Rick Pitino.

Chris Beard: 7/2

Rick Pitino: 9/2

Juwan Howard: 5/1

Luke Yaklich: 6/1

Saddi Washington: 6/1

LaVall Jordan: 9/1

Mike White: 9/1

Bob McKillop: 22/1

Bobby Hurley: 22/1

Jay Wright: 22/1

Johnny Dawkins: 22/1

Kevin Keatts: 22/1

Porter Moser: 22/1

Shaka Smart: 22/1

Steve Wojciechowski: 22/1