May 17, 2007, 15:25 GMT
Chapel Hill, NC - The University of North Carolina and men's head basketball coach Roy Williams agreed to a four-year contract extension on Thursday.
The new deal will keep Williams in Chapel Hill through the 2014-2015 season and includes an annual base salary of $325,000 and $30,000 for expenses, plus supplemental income paid by the university that will range from $1.2 million to $1.5 million per year.
Williams, who will be inducted into the Naismith Memorial Basketball Hall of Fame this September, has compiled a 106-30 record in four seasons with the school, and won the 2005 national championship.
'Roy Williams is the most complete coach in the country,' said director of athletics Dick Baddour. 'I knew when we hired him he was an outstanding basketball coach, but he has also exceeded our every expectation in the manner in which he runs a basketball program. He believes in character first, he coaches for all the right reasons and he is a first-rate ambassador of our university. We are proud to call him our coach and pleased to extend his contract for another four seasons.'
This past season, Williams guided the Tar Heels to a 31-7 record as well as a share of the Atlantic Coast Conference regular season title. UNC also won the ACC Tournament and moved on to the East Regional finals in the NCAA Tournament.
Williams, who originally signed an eight-year deal in 2003-04, is 524-131 in 19 seasons as a head coach with Kansas and North Carolina.
'The confidence Chancellor Moeser and Dick Baddour have shown in me by offering this extension is flattering,' said Williams. 'I am excited about coaching at Carolina and look forward to these next eight years.'
© 2007 The Sports Network
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