"We met this morning and Jay and I had a very good meeting," Slater said. "Jay is a good man. We had a mutual agreement that it was in the best interest of Auburn baseball to move forward.
"The bottom line is we needed to win more games," he added. "The record speaks for itself. I wish I had been able to accomplish that. I wish I had been able to win more games for Auburn University. This is a great university with a storied baseball program. I'll be rooting for Auburn no matter where I am unless I'm playing against them."
In four seasons as Auburn's head coach, Slater had an overall record of 115-113 and a Southeastern Conference record of 43-77. Saturday Auburn completed its season at 28-28 overall and 11-19 in SEC play.
The decision to meet came from Jacobs. Auburn's athletic director said he called Slater Saturday morning at 7:30 and the two met soon after to discuss the future.
"We had a candid discussion about our program and during that time he decided it was in the best interest to resign," Jacobs said. "He has built a foundation. He has left it better than he found it. In this sport baseball at Auburn we feel like we should compete at the highest level. We'll be looking for a coach to take us to that next level.
"It was wins and losses, that's what it boiled down to," he added. "We have a great tradition here in baseball. We've got to now find a coach to take us to that next level. We're going to manage this process so that it's thorough, efficient, so that we can find the best coach for Auburn and in this community."
Slater served as Auburn's head coach for four seasons and was an assistant under Hal Baird from 1995-2000. Jacobs said the search for a replacement will begin immediately and there is no timetable set for announcing a replacement. He noted it will be joint search between the Auburn athletic department and the search firm of Carr Sports Associates from Gainesville, Fla. Slater's final year on his contract will be honored according to Jacobs.