UPDATE (11:20 p.m. Monday): SB Nation's Steven Godfrey, Alex Kirshner and Jason Kirk report that West Virginia's Dana Holgorsen has an agreement with Houston to become the Cougars' next head coach. Per SB Nation, the five-year $20 million contract would make Holgorsen the highest paid coach of any non-power conference program in history. Cougars Den (a Rivals.com website) and Bruce Feldman of FOX Sports also reported Holgorsen's agreement.
Sources confirm to @HoustonRivals that Dana Holgorsen has agreed to accept the Head Coaching position at Houston. I'm told they are waiting for time to pass when Holgorsen's buyout drops to $1M.