As a coach, Waters spent four years at West Virginia University and ten years at Duke University producing winning records and postseason tournament teams at both universities. Waters is one of only four individuals in Atlantic Coast Conference (ACC) history to be on conference basketball championship teams at two different universities—first as a player at NC State (1956), then later as an assistant coach at Duke University (1960, 1963, 1964). He is also one of only six ACC players to become an ACC head basketball coach.
