The U of M search committee, led by President Shirley Raines and co-chairs Brad Martin and Willie Gregory, held an emergency meeting at 5 p.m. this evening.
They collectively decided on Fuente as the next coach.
Fuente succeeds Larry Porter, who was fired two weeks ago after going 3-21 in two seasons.
He is expected to be introduced tomorrow around noon.
Alabama offensive coordinator reportedly was offered the job and accepted; however, he backed down earlier today for reasons that are unclear at this time. Assistants' salaries were one issue, a source said.