Originally Posted by ESPN

Louisville coach Bobby Petrino has accepted a five-year, $24 million offer from the Atlanta Falcons to become their new coach.

Louisville athletic director Tom Jurich confirmed to ESPN's Chris Mortensen that Petrino told him about 8:30 p.m. ET that he had accepted the job and that Rich McKay, the Falcons' president and general manager, had called this afternoon to tell Jurich about the offer. Louisville sports information director Kenny Klein also confirmed the hiring.

"Bobby Petrino did a great job here at Louisville," Jurich said. "I'm proud of what he accomplished. I just wish we could have kept him longer. He will do a great job for the Falcons."

ESPN.com's Pat Forde first reported the hiring earlier Sunday night. Mortensen reported earlier that the Falcons were in deep negotiations with Petrino.

The Cardinals held a previously scheduled 9 p.m. ET team meeting at which Petrino will tell his players, the source said. ESPN.com's Len Pasquarelli reported that an NFL source also confirmed the hiring.

"I'm in shock right now," Louisville kicker Arthur Carmody told ESPN's Joe Schad Sunday night. "I'm about to walk into a team meeting right now. We're coming off a great Orange Bowl win and we were all thinking national championship. I didn't think this would happen. He said he enjoyed college football. He's a great coach and we're going to miss him."

An announcement from the Falcons could come Monday.

Before the season, Petrino signed a 10-year, $25 million contract with Louisville athletic director Tom Jurich. Petrino had previously interviewed with Auburn, LSU, Notre Dame and the Oakland Raiders for other jobs, but announced in August that he would be at Louisville for the long haul.

"I can't tell you how happy I am with the commitment and the confidence that Tom Jurich has in me and the university has in me," Petrino said after signing the contract. "I also wanted to make sure that everyone understood, I know I've said it, that this is where my family wants to be. This is where I want to be. I want everyone to really believe it."

Louisville had just completed a 12-1 season climaxed by their first BCS bowl victory, over Wake Forest in the Orange Bowl. Petrino's record was 41-9 at Louisville, as he elevated the program into an annual national contender.

The leading candidate to replace Petrino figures to be Tulsa coach Steve Kragthorpe, who has taken the Golden Hurricane to three bowl games in four years after taking over one of the worst programs in the country.

The Falcons moved quickly to replace Mora, who was fired just two years after leading Atlanta to the NFC championship game. The Falcons missed the playoffs the past two years, including a 7-9 mark this season.

Petrino's previous NFL experience includes three years with the Jacksonville Jaguars, including two seasons as quarterbacks coach and offensive coordinator in 2001. He then moved back to the college ranks, taking over as Auburn's offensive coordinator in 2002 before heading to Louisville.


ESPN.com's Mark Schlabach and The Associated Press contributed to this report.