McGarity's comments to the Athens Banner-Herald seem to back up his statement.
"We'll get together later this week or soon thereafter to discuss," McGarity told the Athens Banner-Herald last Sunday – before Richt's name started popping up in a speculative manner online.
Richt has been a hot name in the world of college coaching searches of late, but both he and McGarity have been steadfast in that they both want and intend on the 11-year head coach signing an extension of some form to continue being the head coach at Georgia.
Richt has said, for years, that Georgia is the place he'd like to coach at. As recently as a week ago he said, "Georgia is my home." Richt has been recruiting and back and forth to Tampa this week and not available for comment since his name has popped up online.
McGarity said he wasn't sure what the new agreement would be between Richt and Georgia.
"We don't know. We are talking about a lot of different options. I need to talk with my boss Dr. Adams," he said.
McGarity indicated that an extension of the current contract was one option, but that a new contract was also a possibility.
When asked about where rumors come from regarding Richt going to other schools McGarity said he wasn't sure.
"I have no idea. I don't even respond to it because there is nothing there," he said sternly.
Some have speculated that Richt was in New York City on Tuesday – allegedly talking with other schools about their openings – but numerous sources, some players and McGarity refute that claim.
"I was in New York City while he was recruiting," McGarity pointed out. "He was not in New York."
It was been a rebound year for Richt and the Bulldogs, who came up one game short of winning the SEC Championship – a difficult pill to swallow after a successful season.
"The locker room was just silent. You realize you are close to reaching one of your goals, but you don't. It hurt everyone, I think. You get that close and it doesn't happen – that hurts," he said.