Just hours after ESPN reported that Les Miles would become the next head coach of the Michigan Wolverines, MLive.com and the Ann Arbor News are reporting that Miles will instead sign a multi-year contract extension with LSU.
Sources close to both Les Miles and the LSU administration report the coach has reached a multi-year contract extension with his current school and will remove himself from consideration as the next Michigan coach.
Details of the extension are expected to be released by LSU shortly.
LSU will reportedly make Miles one of the highest-paid coaches in the country.
If true, and Jim Carty, the reporter who broke the story, is usually dead-on with his reporting, it's a big blow to Michigan. Instead of hiring Miles, one of the best coaches in the country, and a Michigan-man to boot, and bringing along one of the best defensive coordinators in the game according to some (in Georgia Tech's Jon Tenuta) Michigan will have to go back to the drawing board. Potential names you are likely to hear are Iowa's Kirk Ferentz again, Cincinnati's Brian Kelly, and Rutgers coach Greg Schiano.
Update: The story does indeed appear true. Both the Detroit News and the New Orleans Times Picayune confirm that Miles is staying at LSU, and that there will be a press conference to that effect at 1:50 EST, two hours before LSU takes on Tennessee in the SEC Title Game.