Men's basketball coach Gregg Marshall will remain at Wichita State.
"I go with my gut," he said. "It wasn't time to leave. This is a great place."
Marshall, on his weekly radio show on KNSS, said that he has agreed in principle to a contract extension. He is signed through April 2015, and said he believes the new deal could extend his contract up to eight years.
"We're exploring it, longer than five years... six, seven years, maybe longer," Marshall said. "The exact length is yet to be determined."
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Marshall completed his fourth season at WSU by winning the National Invitation Tournament last week in New York. His victories at WSU, combined with a successful run at Winthrop, made him a popular name for coaching vacancies.
"We want the best for our family and we're really happy that we are able to keep our family together," WSU athletic director Eric Sexton said.
Sexton said he believes contract talks will be finalized within a few days.
"We're very close," Sexton said.
Sexton said the process of working with Marshall on his future and the future of the program is one that never stops.
"You work on this all the time," he said.
Marshall confirmed that he talked with North Carolina State, but would not confirm reports that he was offered the job for $1.9 million.
"We discussed the job," he said. "To discuss a job of that magnitude was flattering. They're going to win there."
Marshall said three other schools made initial contact and one wanted to talk further. Marshall declined to name the schools, citing a desire to respect the privacy of their searches. He decided he isn't ready to leave WSU.
"I've probably been surprising people my whole coaching career," he said. "I stayed at Winthrop for nine years and was told I had to leave."
Marshall's current contract has him making $800,000 annually through April 2015. By completing his fourth season, he also earned a $400,000 bonus — or an extra $100,000 above the three-year bonus he received. Another season nets him another $100,000 bonus.
He is coming off WSU's championship in the NIT. The Shockers finished 29-8 — a school record for wins — after beating Alabama in the title game on Thursday. Marshall earned two bonuses worth $13,000 for reaching the NIT title game.
Marshall is 82-55 in four seasons at WSU with two NIT appearances. In 13 seasons as a head coach, he is 276-138 with seven NCAA Tournament appearances in nine seasons at Winthrop.
With job speculation out of the way, Marshall can focus on the Shockers. A recruiting period begins Wednesday.
"We have a great situation," Marshall said. "We just won the NIT. We've got a new group of recruiting coming in. It's where we're happy."
WSU loses four scholarship seniors from the 2011 team and returns starting guards Toure Murry and Joe Ragland. Five of the team's top six scorers return, including junior guard David Kyles and junior center Garrett Stutz.
WSU's recruiting class consists of four players who signed in the fall — Heights guard Evan Wessel, Northwest Florida State Community College forward Carl Hall, Whitefield (Ga.) Academy guard Tekele Cotton and Chaska (Minn.) forward Jake White. White was recently named to Parade Magazine's All-America fourth team.