Pete Thamel of Sports Illustrated Tweets that Bill O’Brien is staying at Penn State:
Just got official word that Bill O’Brien is officially staying at Penn State. University stepped up huge to keep him.
— Pete Thamel(@SIPeteThamel) January 4, 2013
Come in off the ledge, Penn Staters.
Update: Here’s what he told pennlive:
“I’m not a one-and-done guy,” said O’Brien. “I made a commitment to these players at Penn State and that’s what I am going to do. I’m not gonna cut and run after one year, that’s for sure.”
Two? Well …
Update (again): More from pennlive:
O’Brien acknowledged that PSU donor Terry Pegula, financier of the new Penn State hockey arena, has been a major ally in his efforts. Pegula was the first person who contacted O’Brien in late 2011 when he was eventually interviewed for the job.
Though O’Brien was not specific about it, high-level PSU sources have told me that Pegula donated a $1.3 million gift to be added to O’Brien’s salary in the coming year that will bump his total compensation to $3.6 million and place him behind only Ohio State’s Urban Meyer and Iowa’s Kirk Ferentz as the third-highest-paid coach in the Big Ten.
That’s nice of Pegula.