soonernutt
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The contact would not actually have been with Buzz, it would've been with a third party. That's how these things work. The coach can then always say they had "no contact" because technically it is true.
I suspect he has shown enough interest to make us think we can get him, or we would have probably moved on. (Unless or next candidate is also still in the tourney). But I seriously doubt anyone on either side has made an official offer or acceptance of such.
It is possible that Buzz's rep has said to OU that Buzz would consider coming to OU for roughly X amount of money, and it's possible that OU has said that they might be willing to pay that amount of money, but I would be shocked if there's been anything more specific than that.