WICHITA, Kan. -- Gregg Marshall is staying put as the coach at Wichita State.
Marshall told The Associated Press on Monday that he's staying at the school because he has a "great situation." Marshall led the Shockers to the NIT title last week, beating Alabama to finish 29-8, a school record for wins in a season.
A source close to the Shockers' program told ESPN's Rece Davis that Marshall agreed to a contract extension to stay at the school. His current contract has him making $750,000 a year through the 2013-14 season.
The former Winthrop coach had been linked to the vacant job at North Carolina State. He said he didn't want to address rumors that he had turned down offers from other schools.
"They deserve their respect, and I appreciate any interest that was shown. I just kind of want to leave it at that," Marshall said in a phone interview. "It's not important."
The Shockers rebounded from a disappointing loss in the Missouri Valley tournament and getting snubbed by the NCAA tournament selection committee by tearing through the NIT. They beat Nebraska by 27 points, won at Virginia Tech, beat College of Charleston, then set a school record for wins with a 75-44 romp over Washington State in the semifinals.
"My family is happy, and we're coming off an NIT championship," Marshall said. "We get a chance now to exhale and enjoy it."
Marshall said factoring into his decision to stay with Wichita State, where he has coached for four seasons, was his family's comfort level in Wichita.
"I just got a great situation here," Marshall said. "We have a great group of guys coming back and another group coming in, and it's just a very nice, easy place for us to be right now.
"It's the right place for us to be."
Information from The Associated Press was used in this report.