Buzz Williams is likely remaining at Marquette, sources have told FOXSports.com, and could ink a new deal with the school prior to the Final Four next weekend.

Williams, 38, who has led the Golden Eagles to three consecutive NCAA tournament appearances since taking over after Tom Crean left, is on the verge of signing a new contract that will pay him in excess of $2 million per year.

He has a 69-37 record and led Marquette to the Sweet 16, where the Eagles lost to North Carolina.

Williams was, according to sources, one of the leading candidates for the vacant Oklahoma job.

However, his buyout was excessive at $3.8 million and Williams wasn’t sold on the job, anyway, despite the fact that he’s a Texas native.

Williams has been working with a six-year rollover deal that paid $1.6 million this past season, according to sources.