But he will have to agree to a change to his current contract and other concessions, 247Sports reported on Wednesday.
According to the website, Malzahn will have to agree to a reduction of the current buyout of $32 million in his contract, although the new number was not revealed.
“Malzahn is on the verge of accepting a reduced buyout and other limitations to remain for his seventh season as Auburn’s head football coach,” according to Phillip Marshall of 247Sports.com.
Malzahn also could be asked to make some adjustments to his coaching staff and the report said the coach is on the verge of accepting the school’s provisions that would allow him to remain.
“Any coaching staff moves would have to be revenue neutral, effectively removing the possibility of paying buyouts for assistant coaches and assuring Chip Lindsey would remain as offensive coordinator unless he chooses to leave,” Marshall wrote.
The report came one day after rumors circulated that Bob Stoops, former Oklahoma coach, might be a candidate to replace Malzahn at Auburn. Stoops vehemently denied he has met with anyone at Auburn about the head coaching position.
Malzahn has posted a 52-27 record overall in six seasons at Auburn, including a 28-20 record in Southeastern Conference games. The Tigers reached the BCS Championship Game in his first season, but reached double-digits in wins since only at 10-4 in 2017.
Auburn entered this season ranked in the Top 10, but finished the regular season at 7-5.