Gregg Marshall has been one of the hottest coaching commodities in college basketball this offseason, as he has attracted interest from multiple Power-5 schools with job openings. But Wichita State made sure its coach was taken off the market on Wednesday night, when it agreed to a new contract with Marshall. The new deal will span seven years and pay him more than $3 million a year, according to CBS Sports.
From CBS Sports:
Gregg Marshall has reached an agreement in principle to remain at Wichita State with a substantial raise, multiple sources told CBSSports.com on Wednesday.
This development ends Alabama’s pursuit of Marshall.
Sources told CBSSports.com that Marshall’s new deal is for seven years.
He’ll earn more than $3 million per year.
Alabama is the latest of many so-called Power-5 jobs Marshall has passed on — joining a list already featuring Missouri, Tennessee, N.C. State and California. The 52-year old has taken Wichita State to four straight NCAA Tournaments, earned a No. 1 seed, made the Sweet 16 twice and advanced to the 2013 Final Four. He’ll have a preseason Top 25 team again next season, provided Fred VanVleet and Ron Baker return for their senior years.