Ollie, who spent 13 seasons as an NBA journeyman before returning to his alma mater in 2010, has been linked to several NBA job openings, including with the Los Angeles Lakers.
He hasn't been soliciting job offers after leading UConn to the NCAA title in April, he said.
"I love this university," Ollie said at the New York Athletic Club. "I am not looking for another job. Of course, you listen to different things. I got two ears, I'm going to listen, but I'm not running out there soliciting any other job. I want to be here at the University of Connecticut."
Ollie was at the club on Wednesday with UConn women's coach Geno Auriemma to pick up Winged Foot Awards for winning national titles.
He said he's hoping to work out a new contract with athletic director Warde Manuel. His current deal, worth just under $7 million, runs through the end of the 2017-18 season. He made just over $1.6 million, with bonuses for the NCAA tournament run, last season.
"We are talking and hopefully we can get together once all this quiets down," he said. "Have a nice talk and hopefully get everything situated."
Ollie was asked what he tells recruits about his future.
"I'm going to be the UConn coach, nothing's changed," he said.