There will be no afternoon press conference today for a new football coach at the University of Tennessee, nor was Jon Gruden ever presented with any contract or financial details to become the Volunteers' next football coach. So say sources extremely close to UT's search for Derek Dooley's replacement.

Some half-dozen sources have told VolQuest.com this morning that Gruden both declined an offer to meet with UT officials, most notably vice chancellor and director of athletics Dave Hart, this week and that neither side ever got to a point where a financial framework was outlined.

"We reached out to coach Gruden. Coach Gruden after visiting with his family informed us that it was not a move his family wanted to make at this time. He declined to meet with Tennessee. Financial considerations were never discussed," said a University source Friday morning.

The news comes on the heels of a report in Friday's editions of the Chattanooga Times Free Press that alleged Gruden was mulling over an offer and could decide on his own timeframe, a report labeled "irresponsible" by someone familiar with proceedings.