This speculation isn't plausible on several levels.
First, that we held some negotiating power by not exposing the "out of control" Wake basketball program that wasn't evidenced by arrests, school disciplinary actions, nothing. We would sound like idiots if we had made that the reason he had been fired and would have really opened Wellman up to questions as well. The main issue that has come up was investigated and the parties exonerated. Wellman didn't insist that Gary Clark transfer, he was never disciplined publicly by Wake, and now that is going to be the basis of our stick against Dino?
Secondly, we have been talking "culture change" ever since players who weren't students when Dino was coach started getting into trouble and we started getting blown out nightly. If we were under some sort of gag order, I highly doubt this would be our PR position.
Thirdly, Wake wouldn't sign a contract that would hold it libel for the actions of a third party it had no control over. We have lawyers on staff you know.