Report: Florida, Colorado State "resolve" buyout issues, Jim McElwain to be hired

It appears the Florida Gators have their next head coach.

ESPN's Chris Low reports that Florida and Colorado State have resolved buyout issues that were holding up a deal to make Jim McElwain the next head coach in Gainesville, and that McElwain is expected to be announced as Florida's coach later today.

The buyout issues have been resolved, and Florida is expected to announce Jim McElwain as its coach later today.

— Chris Low (@ClowESPN) December 4, 2014

"Resolved" can mean a great many things, granted, and could mean Florida forked over anything from full payment of the $7.5 million Colorado State was to receive as McElwain's buyout on down, but it's a pretty good bet that we won't get the "full" story of how these negotiations played out publicly.

Florida athletic director Jeremy Foley reportedly targeted McElwain as long ago as last Saturday, then focused on him after Hugh Freeze reportedly turned down a Florida offer to remain at Mississippi. Foley flew to Fort Collins to meet with McElwain on Tuesday, spurring national coverage of his efforts to hire a coach to replace the outgoing Will Muschamp.