Porter Moser, who played at Creighton and coached Loyola-Chicago to the Final Four, turned down an opportunity to lead a Big East program.
Moser interviewed on Monday for the job at St. John's, which opened last week after Chris Mullin resigned. It was reported that St. John's offered Moser an eight-year contract worth at least $2 million per season, a hefty raise from his current salary, which is reportedly worth $900,000 annually.
But Moser has decided to stay with Loyola-Chicago, where he's been the coach since 2011. In a statement released Tuesday, Moser did not specifically mention St. John's but said "opportunities have arisen."
"People in business say I'm crazy for passing up opportunities and the money," Moser said. "But what they don't know is the amazing young men I coach and the culture we have built."
Moser rose to national fame last year when he led the Ramblers to 32 wins and their first NCAA tournament appearance since 1985. As a No. 11 seed, Loyola-Chicago eventually reached the Final Four before falling to national runner-up Michigan.
Moser signed an extension with Loyola-Chicago in April 2018 that would keep him under contract through the 2025-26 season. The Ramblers went 20-14 this season and won a share of the Missouri Valley Conference regular-season title before losing to Creighton in the first round of the NIT.
Moser, who grew up in a Chicago suburb, played at Creighton from 1986-90 after initially joining the program as a walk-on.
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