Saint Louis men's basketball coach Rick Majerus is staying with the Billikens, the St. Louis Post-Dispatch reported, citing a source.
Majerus had permission from Saint Louis' athletic director to interview for the head coaching job at SMU, which reportedly was offering $2 million.
A source told the Post-Dispatch the meeting with SMU was nothing more than "a discussion between good friends."
"He had no interest in SMU," the source told the paper. "He loves his team; he thinks they'll be really good. He enjoys St. Louis."
Majerus told ESPN.com's Andy Katz on Tuesday that he was working on next season's schedule as well as planning a personal trip to Europe. He also said he was looking forward to next season.
The 64-year-old Majerus was hired by Saint Louis five years ago to elevate the school's national profile, and his work is finally bearing fruit. This past season, the Billikens reached the NCAA tournament for the first time since 2000 and beat Memphis to reach the round of 32.
SMU fired Matt Doherty on March 13 after six seasons in which the high profile former North Carolina coach failed to take the Mustangs to the NCAA tournament.
University of North Texas coach Johnny Jones shot down a report in the Dallas Morning News that he was discussing the SMU job, telling Katz he was not involved.
Information from The Associated Press was used in this report.