The UAB job opened when Jerrod Haase left to become the head coach at Stanford. UAB finished the year at 26-7, first in Conference USA, before losing to BYU in the first round of the NIT.
"It went well," Terry said. "UAB is in an interesting situation, the success they had, but Coach Haase's immediate departure left that job open. I have deep roots in the Birmingham community -- uncles, cousins, aunts -- and so I'm very familiar with the area. So we'll see what happens. It was a good meeting that I had."
Terry, 38, is playing in his 16th season in the NBA. He scored three points in 18 minutes Thursday and is averaging 5.8 points and 1.4 assists per game this season.
Terry said he isn't sure yet whether he'll retire at the end of the season, but he wanted to have options.
"In this business, you have to plan for your post-career," he said. "This is no different, being prepared. You always have to be prepared. Would I like to play a couple more years? Yes. But I have to leave my options open. And if this offer is better than what I have on the horizon, then I'm going to have to jump head-first in it. There is some longevity in it, and it is my passion."
According to reports, interim coach Robert Ehsan and Auburn assistant coach Chuck Person are also involved in UAB's coaching search.