UPDATE: Saban denies he had $100 million offer to coach Texas

UPDATE: Nick Saban denied a report that Texas and its regents were willing to offer him a compensation package exceeding $100 million.

Saban was asked about that Thursday at SEC Media Days in Hoover and denied the rumor.

"I had no conversations with [Texas] and wasn’t offered anything," Saban said.

"And if I had no conversations with [Texas] then I didn’t have any interest . . . [We’re] happy at Alabama."

At the end of last season, rumors swirled about Alabama coach Nick Saban possibly moving to Austin to coach Texas.

There were reports that regents were talking to Saban’s agent, Jimmy Sexton, while Saban maintained he was very committed to the Tide.

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The fears of Crimson Tide fans were put to rest when Saban agreed to a multi-year extension last December.

Now comes a juicy little rumor that Saban will surely be asked about when he appears at SEC Media Days on Thursday in Hoover, Alabama.

According to a new book written by SEC Network’s Paul Finebaum, and co-written by ESPN’s Gene Wojchiechowski, Texas boosters were willing to offer Saban a compensation package exceeding $100 million.

Al.com received an advance copy of the book, which includes this passage:

Texas wound up hiring Charlie Strong from Louisville, and what wealthy, loose-lipped boosters say they’re willing to do does not in any way mean the university was willing to stand behind those terms in an official contract offer.

Nonetheless, there’s a ton of money in Texas and a powerful football machine that’s looking to be rejuvenated. Anything, supposedly, is possible.

(h/t Big Lead)