Ole Miss head coach Hugh Freeze is considering an offer to coach at the University of Florida for a base salary in the range of $4.2 to $4.3 million annually, according to multiple sources.

Additional sources confirm the Rebels are attempting to compete with the Gators' offer, pushing Freeze's salary to somewhere near the $4 million range to take compensation out of the question in a potential decision by Freeze between the two schools.

Freeze is finishing the third year of a four year contract that pays him $3 million annually, and has twice been extended. Ole Miss athletic director Ross Bjork has previously stated that the university was in the process of renegotiating Freeze's contract during the 2014 season but not expected to complete the process until the end of the year.

Former Gator head coach Will Muschamp's contract with the Gators paid him $2.73 million annually, according to the USA Today coaching salary database.

The 45-year-old Freeze has risen through the coaching ranks quickly, having compiled a 24-14 record in three seasons with the Rebels after one year as head coach at Arkansas State. Freeze's first position at the collegiate level was as an assistant at Ole Miss under Ed Orgeron in 2005.