Harrick requested a meeting last week with Dalis and other UCLA officials and basically accepted the offer made by the school a few weeks after his Nov. 6 firing, Dalis said Sunday.
"In principle, it's done," Dalis said, adding that the agreement must still be cleared by attorneys. "It's what we put on the table originally - what we offered in December, with small little (changes)."
Harrick will apparently receive his $140,000 base salary for the 1996-97 season as stipulated in his contract in the event of firing, but not the rest of his compensation package, which totaled close to $440,000 per year.
Harrick, 58, has remained quiet during the season.
But he's made it clear he wants to coach again.
Dalis reiterated that firing Harrick two weeks before the season started for filing a false expense report and then lying about it "was the only choice I had."
But he acknowledged that he felt a sense of personal satisfaction in the team's success under Steve Lavin, whom Dalis made the interim coach the day Harrick was fired, then hired permanently in February.
The Bruins are 21-7 heading into the NCAA tournament.
"Every night there was a game, people were yelling at me in Pauley Pavilion," Dalis said.
"Before I hired Steve permanently, it was pretty ugly, every night, someone's screaming in your face," he added. "You try to ignore it, but you can't - I especially didn't like it when they did it when my wife was there."