Dec. 19 (UPI) -- The University of North Carolina has announced an eight-year contract extension for men's basketball coach Roy Williams.
North Carolina athletic director Bubba Cunningham announced the extension on Wednesday. Williams' extension runs through 2027-2028.
The school also announced contracts and/or extensions with 10 other head coaches, personal service contracts for four head coaches with Nike, a 10-year extension for Carolina Athletics with Nike and a 12-year extension for the department with Learfield Communications.
Williams' extension is worth $21.5 million in salary and supplemental compensation, according to Inside Carolina.
"I'm grateful and humbled in the University's continued faith in my leadership of the basketball program," William said in a news release from the school.
"When I coached at Kansas my contracts with Nike and our media partner were private, and UNC respected and honored that for 15 years. However, times have changed and understanding the environment that college basketball faces now, Chancellor Folt, Bubba and I agreed the correct and proper thing would be to disclose those terms."
Williams led the Tar Heels to NCAA titles in 2005, 2009 and 2017. He owns a 432-128 record in 16 seasons as the Tar Heels' coach.
The Tar Heels face Kentucky at 5:15 p.m. on Saturday at the United Center in Chicago.