After consistently reiterating that he is "planning" on staying at Auburn for the 24 hours following the 28-7 loss to Georgia in the SEC Championship Game, it appears that coach Gus Malzahn's plan is coming to fruition.

CBS Sports' Dennis Dodd reports that Malzahn has will spurn Arkansas and stay at Auburn, agreeing to an extension with the Tigers. According to 247Sports' Brandon Marcello, who first reported the agreement, Malzahn will remain at AU for at least five years and receive a raise up to $7 million per season.

Malzahn had been the top target at Arkansas, which let go of former coach Bret Bielema the day after Thanksgiving.