From Chicago Sun-Times:

Virginia Commonwealth coach Shaka Smart told Illinois athletic director Mike Thomas on Wednesday that he’s not interested in becoming the Illini’s next basketball coach, multiple sources told the Sun-Times.

Smart, 34, turned down a $20.8 million offer — eight years at $2.6 million a year, a source said — to succeed Bruce Weber, who was fired after nine years in Champaign.!/GottliebShow/status/182538057659064320!/GaryParrishCBS/status/182523895079899136!/sirBAPalot/status/182813376920039424