The ex-Chelsea and Monaco boss was linked with many jobs after winning the Premier League, not least the Italian national team job.
And at the age of 64 with his greatest accomplishment in the bag, few would have forgiven him for heading off as a hero with an intact reputation.
Yet unconfirmed reports on Tuesday claim that Claudio Ranieri – like almost all of his starts – has decided to stay put, and indeed extend his contract at the Foxes.
The news come just days after Ranieri insisted his champions will not implode like Chelsea did under Jose Mourinho.
The Italian believes the Foxes have strong foundations and will not change despite their shock Premier League title win.
“When I build something it is never destroyed. My philosophy is to watch your house, not other houses. It’s important what happens here. My house is very clean and very clear,” he said.
“Slowly we try to build the first floor and the second floor. The foundation is very solid. I don’t know what happened (to Chelsea). They were the champions.
“I spoke with my players and I said ‘I know you very well now and I want more. Forget what we achieved, I want more. You cannot tell me this is your maximum, I want more than the maximum from last season’.
“I am very curious what we can do now. If someone needs more rest psychologically, stay with me on the bench and understand what happens on the pitch.
“One of my strengths is always to have the right balance. Never give up, I always believe in myself and if one man wants to do something in the end he will achieve something.
“I want to see them playing together as a team. Last season we made something which is hard to repeat but I want the maximum.”