It's now confirmed: Shaka Smart will remain as VCU basketball's head coach after leading the Rams to the 2011 Final Four. VCU Athletic director Norwood Teague confirmed to Mike DeCourcy of Sporting News that Smart has turned down an offer from North Carolina State to stay in Richmond.
VCU head coach Shaka Smart, who led the Rams to the 2011 Final Four, has informed officials at N.C. State he does not wish to be considered for the vacant Wolfpack coaching position.
VCU athletic director Norwood Teague confirmed to Sporting News that Smart had been offered the N.C. State job, but declined to stay with the Rams.
North Carolina State made an offer of $2 million per year for Smart, but he elected not to take it. It remains unclear how much his new contract with VCU will pay him, but he will certainly be receiving a raise over the $350,000 base salary he received this season.