Memphis Tigers head basketball coach Josh Pastner has reached an agreement in principle on a contract extension with the university.
There were rumors Pastner was being courted by two PAC 12 teams after the Tigers bowed out of the 2013 NCAA Div. I Men's Basketball Tournament.
TigerNation hadn't quite reached Defcon 1, but they were on the way there after the rumor mill fired up and linked the 35-year-old with a pair of high-profile jobs at USC and UCLA.
Though terms have not been revealed, Pastner will likely get an extension and a nice raise, bumping his salary north of the $1.7 million a year range.
Pastner and Tigers Athletic Director Tom Bowen will meet with the media on Wednesday to discuss the new deal.
Pastner lead the Tigers to just the sixth 30-win season in school history, finishing with a 31-5 record, and delivering the Tigers first NCAA Tournament win since 2009.
Pastner has won more games in his first four years at Memphis (106) than any head coach in school history. His incoming recruiting class is regarded as one of the best in the nation.