Barbour, attending the NCAA women’s basketball Stanford Regional, confirmed Sunday they would meet in Berkeley to discuss the future.
The Golden Bears lost Wednesday in the quarterfinal round of the NIT, 67-65 to SMU, to finish an up-and-down season at 21-14.
The 67-year-old Montgomery, who coached Stanford for 18 years then two disappointing seasons as coach of the NBA’s Warriors, has a 677-317 overall record in 32 years in college.
He had reached a two-year contract extension in July 2012 to remain at the school through 2015-16. Ahead of the 2011-12 season, Montgomery disclosed he had bladder cancer and underwent surgery that left him cancer-free. Montgomery then led the Golden Bears to a 24-10 record that season, a runner-up finish in the Pac-12 Conference and a first-round loss to South Florida in the NCAA Tournament.
He also helped Cal capture its first league title in 50 years in 2010.
At Stanford, Montgomery reached 12 NCAA Tournaments with 10 straight second-round appearances and a trip to the 1998 Final Four. Montgomery is 130-73 in six seasons at Cal.
Montgomery, whose career as a head coach began at Montana in 1978, coached many eventual NBA stars at both Stanford and Cal.
The Cardinal won their first 26 games in Montgomery’s final year on The Farm in 2003-04 and finished the regular season ranked No. 1 with a 29-1 record. He had a 393-167 mark at Stanford and produced eight first-round draft picks.
Montgomery’s son, John, just completed his third season as an assistant coach under his father after previously working as Cal’s director of basketball operations.
ESPN first reported Montgomery’s pending decision.