In a tweet on Wednesday, Beilein wrote: "I love the University of MI and I am excited about coaching our Men's Basketball Team next season and in the years to come!"
With Beilein publicly removing his name from consideration, former Toronto Raptors coach Dwane Casey emerges as an overwhelming favorite to get the Pistons gig.
Beilein was reported to be one of three finalists for the Detroit Pistons job.
Udoka was scheduled to meet with Gores on Wednesday in a second meeting with the organization, sources said. He's reach two national championship games and is bringing in a top 10 recruiting class this fall.
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Beilein has been with the Wolverines for 11 seasons and is the winningest coach in program history.
Beilein and MI are finalizing a contract extension, according to Brendan Quinn of The Athletic.
"We are thrilled that John Beilein will be our coach now and into the future", athletic director Warde Manuel said in a statement. On Wednesday morning, Beilein took to Twitter and said he loves the University of MI.
Head coach John Beilein of the Michigan Wolverines looks on during practice before the 2018 Men's NCAA Final Four at the Alamodome on March 30, 2018 in San Antonio, Texas. The Wolverines have made the title game twice under Beilein: this year, and in 2013 against Louisville.