Tom Herman

Houston head coach Tom Herman runs drills with his team before an NCAA college football game against Texas State, Saturday, Sept. 24, 2016, in San Marcos, Texas.

Darren Abate

The chairman of the University of Houston's Board of Regents told an area TV station on Monday that he doesn't "fear a bidding war" for Cougars coach Tom Herman.

"We’re not going to lose (Herman) over money," Tilman Fertitta said in an interview with FOX 26 in Houston. "If he wants to leave, he’s going to leave. I don’t think Tom Herman has any desire to leave over money. It’s because he would want to go to a program where he feels like he personally has a better chance of competing for a national championship every year."

LSU, seeking a coach to replace Les Miles, has vetted several other candidates outside of its primary target, Florida State coach Jimbo Fisher. LSU leaders are seeking an up-and-coming offensive-minded sitting head coach. One of the leaders of that group appears to be Herman, who many expect to be Texas’ top choice.

"If Tom Herman wants to go LSU or Texas or Oregon or Baylor or wherever else, we cannot stop him from doing that. He’s not going to leave because of money," Fertitta said.

LSU plays Texas A&M on Thanksgiving night. After that game, the Tigers' regular-season finale, current coach Ed Orgeron is expected to interview with Athletic Director Joe Alleva where Orgeron will lay out a long-term plan that likely includes hiring a proven guru as offensive coordinator.

Click here to read FOX 26's full report.