Kansas University basketball coach Bill Self, shown Thursday at a news conference at KU, has no plans to leave after winning the National Championship on Monday.

In the end, for Kansas University basketball coach Bill Self, it came down to a simple decision that there is no place like his new home.

Self rejected a Wednesday night offer from Mike Holder, the athletic director of his alma mater, Oklahoma State, to become its basketball coach.

“Home called, and I love home, but this is home now,” Self said at a 4:30 p.m. news conference Thursday.

Self, who coached the Jayhawks to the national title in his fifth year on the job, said he informed OSU of his decision shortly after noon on Thursday.

Self and athletic director Lew Perkins agreed in principal to a new multiyear contract, the details of which were not revealed. Perkins said he expects the deal to be done and signed by Self within two weeks.

KU chancellor Robert Hemenway said that Self will remain the school’s men’s basketball coach “for a long time to come. He has represented this university with class and grace since he first stepped on campus.”

Hemenway called Self, “exactly the right person for Kansas basketball.”

Echoed Perkins: “I can’t think of another coach I’d rather be sitting next to.”

Self, 45, has an .816 winning percentage in five seasons as coach of Kansas. Before that, he served as head basketball coach at Illinois, Tulsa and Oral Roberts.

Self lives in Lawrence with wife Cindy and the couple’s children, Lauren and Tyler.

“When your family loves it here, first and foremost, you love the people you work with on a daily basis, love the direction of the program, love the positive steps taken since I have been here to build a foundation that could springboard you to the future,” the decision to stay became an easy one, Self indicated.