Bristol Rovers manager Darrell Clarke has agreed a new three-year contract to stay at the promoted League Two club.
The news comes after Leeds United made a formal approach to speak to Clarke on Tuesday about taking over at Elland Road, which was turned down.
That prompted Rovers to offer Clarke, 38, an improved deal at the club, which has secured back-to-back promotions.
Rovers say Clarke's new deal will see him become the highest-paid manager in the club's history.
Clarke was in charge when Rovers dropped out of the Football League in 2014 but has guided them up to League One.
He began his managerial career at Salisbury City, where he secured four promotions in five seasons before joining Rovers as assistant manager.
MK Dons boss Karl Robinson turned down an offer last week to manage the West Yorkshire club.
Current Leeds head coach Steve Evans is still waiting to discover if he will remain in charge at Elland Road.