Gus Malzahn will not be the next head coach at Vanderbilt.
The Auburn offensive coordinator ended the speculation on Monday when he received a raise and multi-year contract extension to stay at Auburn.
The new deal is reportedly longer than the three-year deal he is currently working under and will pay him $1.3 million a year. He was making $500,000 under his current contract.
“I’m very appreciative of (Auburn coach Gene) Chizik and the entire administration for their support,” Malzahn said in a statement. “My family and I love Auburn and right now my main focus is helping Auburn win a national championship.”
The announcement comes a day after the Washington Post reported  Malzahn had accepted Vanderbilt’s offer to become the Commodores’ coach. On Monday, however, ESPN.com reported that Malzahn declined the offer.
Vanderbilt reportedly offered Malzahn a deal worth $3 million.
Now, with Malzahn out of the picture, Maryland offensive coordinator James Franklin is reportedly one of Vanderbilt’s top choices. The 38-year-old has spent the last three years with the Terrapins and is the coach-in-waiting once current coach Ralph Friedgen steps aside.
A spokesperson with the Maryland athletic department said on Monday that he did not know if Vanderbilt had offered Franklin the job.
Navy head coach Ken Niumatalolo, in just his third year at the helm, is also reportedly on Vanderbilt’s short list.