"No matter what I say, the rumors aren't going to stop," Shaw said. "It doesn't bother me. Every good football program in the last 15 years, after two good years, the head coach is going to be rumored to go someplace else. I take it as a compliment."
Shaw was promoted from offensive coordinator after Jim Harbaugh left for the San Francisco 49ers in January 2011. While Harbaugh built the foundation for the program's renaissance, Shaw has taken his alma mater to even greater heights.
Shaw has led Stanford to a 34-6 record in three seasons, going to three straight BCS bowls and winning the past two Pac-12 titles. The fifth-ranked Cardinal (11-2) will go for their second straight Rose Bowl victory against No. 4 Michigan State (12-1) on Jan. 1.
The day Shaw became Stanford's head coach, he said he never wanted to interview for another football job again. Asked if he still felt that way, Shaw said: "Absolutely."
"I think when he says to the media that he's found his dream job, he's one of the coaches that I truly believe what he's saying," senior safety Ed Reynolds said. "It's his alma mater. His dad (Willie Shaw) coached here (as an assistant). He's been around this environment for so long. He knows what he's getting and I think he's definitely in a spot where he feels comfortable for him and his family."