Update, Feb. 6: Southern Miss has released the following statement about Art Briles, according to CBS Sports' Barrett Sallee:
"We have met with Art Briles regarding a position with the Southern Miss football program. Following that meeting, we informed him that he is not a candidate. The University will have no further comment on this matter."
SportsDay's Chuck Carlton recently wrote a column on what gambling on Art Briles would've meant for the football program. You can read his column here.
We'll continue to update this story if there are any new developments.