The Portland Trail Blazers have agreed a contract extension with head coach Terry Stotts, president of basketball operations Neil Olshey announced on Monday.
The team didn't disclose terms of the deal but per ESPN, sources close to the negotiations say it will run through 2020 with an average salary of $5 million.
Stotts has been deservedly rewarded for guiding the Blazers to the playoffs in a campaign which began with them losing four starting players last summer.
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The 58-year-old overachieved with his roster and ended the year with a 44-38 record and a fifth-placed finish in the Western Conference.
Portland had a team option on Stotts' contract but have decided to tie him down to a longer term deal.
“Terry has been an outstanding partner and this extension represents our desire to build a model of stability and consistency,” said Olshey.
Stotts just completed his fourth season in Portland and has secured a winning campaign on all four occasions.
He also led his team to the conference semi-finals, beating the L.A. Clippers in the first round before eventually losing out to the defending champions the Golden State Warriors in five games.
During his tenure in Rip City, he has compiled an 182-146 (.555) record, the fifth-most wins in team history.
“I am very pleased that we were able to agree on a contract extension and look forward to continuing the progress that we have made,” said Stotts. “As an organisation, we have developed a culture and continuity that is exciting to be a part of, and I could not be more appreciative of the players and coaching staff.
“There is not a better fan base in the NBA. Jan and I love Portland and are extremely happy to call it our home.”
The Blazers head coach was also recognised for his achievements this season after being named as a close runner-up for the Coach of the Year award behind Steve Kerr.
The future in Portland with Stotts signing on for an extended period, along with the talented backcourt of Damian Lillard and C.J. McCollum, is extremely bright.
Lillard was the only starting player to remain from the 2014-15 roster and embraced his role as the leader of the team.
The point guard had a career-best year where he averaged 25.1 points, 6.8 assists and 4 rebounds per game.
McCollum was named as the league's Most Improved Player after averaging 20.8 points, 4.3 assists and 3.2 rebounds in his first campaign as a starter.
The Blazers have one of the youngest rosters in the NBA with an average age of 24.3 and are just a few experienced pieces away from challenging at the upper echelons of the west.
Despite losing in five games, the Oregon-based franchise gave the Warriors a run for their money and handed them a tough series which proves they can compete with the best. This will have the fans in Portland heading into next season with a lot more optimism.