Colorado might have picked the man to lead it into the Pac-12.
The newspaper named its source as former Colorado coach Bill McCartney, who has publicly stated he wanted to return to his old job.
Colorado spokesman Dave Plati denied the report to ESPN.com's David Ubben. "[Athletic director] Mike [Bohn] has not offered the job to anyone at this point. Rumors, everyone wanting to be first."
Reports earlier Thursday said that Embree, former Buffaloes running back Eric Bieniemy, and Alabama offensive coordinator Jim McElwain topped the list of candidates.
The Post reported that the school is hoping to hire Embree, who could then lure Bieniemy back to Boulder as his offensive coordinator.