Vanderbilt AD: James Franklin remains Commodores' football coach as of Thursday afternoon

Vanderbilt coach James Franklin celebrates with team as he dances on the sideline during the second half of the BBVA Compass Bowl NCAA college football game on Saturday, Jan. 4, 2014, in Birmingham, Ala. Vanderbilt defeated Houston 41-24. (AP Photo/Butch Dill) (The Associated Press)

Vanderbilt coach James Franklin is doused by linebacker Chase Garnham (36) after they defeated Houston 41-24 in the BBVA Compass Bowl NCAA college football game on Saturday, Jan. 4, 2014, in Birmingham, Ala. (AP Photo/Butch Dill) (The Associated Press)

Vanderbilt athletic director David Williams says James Franklin remains the Commodores' football coach as of Thursday afternoon and that Franklin has informed him that he has not accepted another job offer.

Several media outlets have reported that Franklin has an offer from Penn State that he is expected to accept it within 48 hours, or as early as Thursday afternoon.

Williams told The Associated Press that he has heard all of the reports and knows that Penn State officials have been talking with Franklin. The Vanderbilt athletic director says Franklin called him earlier Thursday to tell him reports the coach had accepted another job were "inaccurate."

Williams says that as of 2:45 p.m. EST that Franklin "is Vanderbilt's football coach."