N.C. State announced the deal Thursday.
ESPN's Adam Rittenberg reported that Doeren's new contract at N.C. State will be finalized "very soon", and potentially before Thursday is over.
The Wolfpack have been to bowl games in the last three years and will be learning their postseason destination by the end of the weekend after finishing the regular season 8-4.
Dave Doeren to remain the head coach at NC St. Turns down a more lucrative contract to stay in Raleigh. He's 15-25 in conference play at the school, and his 6-2 record against ACC teams this season was by far the best of his tenure at the school.
Well, it's been a odd last 24 hours or so for NC State.
Doeren is 56-34 in seven seasons as an FBS head coach.
ABC 11 reported that players at NC State's Murphy Football Center received a text from Doeren informing them that he was staying at the school he's coached since 2012.
Although North Carolina State had been working on a new deal for the coach since earlier this season, the discussions with Tennessee likely helped expedite the process. A source told SI Tuesday that UT had reached out to Brohm and Doeren in hopes of filling its coaching vacancy. Tennessee and Ohio State defensive coordinator Greg Schiano agreed to a deal Sunday, but the school backed out following public outcry and campus protests, plus government officials protesting on Twitter.
Tennessee athletic director John Currie met with Doeren on Wednesday afternoon in Raleigh to discuss the Volunteers' opening.
Meanwhile, the Tennessee rolls on with another new name reportedly entering the fray: recently-fired Texas A&M coach Kevin Sumlin.