Coach Gus Malzahn has agreed to a new deal that will keep him at Auburn for seven years and will pay him more than $7-million in the final year of the deal, a source confirmed to ESPN.
Arkansas came after Malzahn, who was a successful high school coach in the state of Arkansas with a lucrative offer, but he will stay put.
Following the Tigers' 28-7 loss to Georgia in the SEC championship game on Saturday night, Malzahn addressed reports that he would be offered the head-coaching position at Arkansas—who fired Bret Bielemaover Thanksgiving weekend after five seasons.
"We have worked very hard to create something here. We have a great foundation for the future. I'm the head coach at Auburn, and I'm looking forward to seeing where this can go, what we've built, in the future. I want to see that through, personally," he said.
Malzahn just wrapped up his fifth regular season at the helm in Auburn, and considering how close his team came to the college football playoff, staying was the better move for both him and the school.