As reported by CBS Sports' Bruce Feldman, via a source, Colts offensive coordinator Pep Hamilton has withdrawn his name from consideration for the recently vacated Vanderbilt head coaching position. Hamilton will remain in his current role as a Colts assistant coach.
James Franklin left Vanderbilt to take over the head football coaching duties at Penn State after the Houston Texans hired Bill O'Brien.
The Colts retaining Hamilton is huge. Last year this time, Indianapolis lost offensive coordinator and one-time interim head coach Bruce Arians to the Arizona Cardinals. His replacement was Hamilton, who used the 2013 offseason to install a completely new offensive system and philosophy. Hamilton was Andrew Luck's coordinator at Stanford, and brought with him the variant "West Coast Offense" that head coach David Shaw still runs there.
By keeping Pep, the Colts do not need to find a replacement offensive coordinator for the fourth straight year.