There is likely an offer in place from what I understand. It will probably require additional outlay to match or get closer to what they are offering him. I agree however, I believe Lud wants to be here to finish.
The AD and program are in great financial shape. My guess is they do what is necessary to keep him.
Additionally Andy’s family is due here (finally) in the next 30-45 days AND his son has recently joined the team so no way he’s leaving at this point. Much ado about nothing.