RALEIGH, N.C. (AP) North Carolina and coach Butch Davis agreed to a one-year contract extension through the 2014 season, school officials said Thursday.
Davis also will receive a raise of $291,000 that will push his annual income to about $2.1 million. The raise and extension are expected to be approved next week by the university's board of trustees.
Davis is 3-8 in his first season in Chapel Hill, but had been rumored as a possible candidate at Arkansas his homestate university if the Razorbacks make a coaching change. Davis has repeatedly denied interest in any other jobs during the past month.
"My family and I felt like Chapel Hill was the right place last year, and are even more convinced after being here for one season," Davis said. "I'm confident we will continue to make progress in all phases of the football program."
Davis said he looked forward to a long, successful career at the university, adding: "This should put to rest any speculation of where I'll be coaching in the future."
North Carolina, Davis agree on contract extension - USATODAY.com