Rick Barnes will remain the head coach at Tennessee after turning down a reported offer from UCLA.

"The last few days have been interesting to say the least. One of the nation's most tradition-rich college basketball programs identified what we here at Tennessee already knew -- that Rick Barnes is one the game's elite coaches and a program-changer," said Tennessee A.D. Phillip Fulmer.

UCLA reportedly offered a starting salary of $5 million with incentives.

Tennessee will also restructure Barnes' deal. Barnes has been with the program since 2015.