Auburn has hired Bruce Pearl to be its new men's basketball coach, a source told CBSSports.com on Tuesday morning.

The school subsequently announced the hiring.

"I'm humbled and blessed to be back in the game that I love," Pearl said. "I don't know how long it will take, but it's time to rebuild the Auburn basketball program, and bring it to a level of excellence so many of the other teams on campus enjoy."

Pearl will replace Tony Barbee.

He was fired after four seasons at Auburn.

"From the moment I met Coach Pearl and heard his vision for our basketball program, it was clear he's the right man at the right time for Auburn," said Auburn athletic director Jay Jacobs. "Coach Pearl is a proven winner who will bring energy and excitement to our program. We have raised the bar for Auburn basketball, and I could not be more excited for our student-athletes and our future under Coach Pearl's leadership."