North Carolina gave basketball coach Roy Williams an eight-year contract extension that runs through the 2027-28 season.
Williams will be nearly 78 years old when his contract expires in 2028. The Hall of Fame coach has led North Carolina to three national championships and is 432-128 in his 16th season at his alma mater.
Williams' base salary will increase from nearly $542,000 this season to $800,000 in 2027-28, and he will receive supplemental income ranging from $1.7 million this season to $2.15 million in the final year of the deal. The school also announced the terms of his deal with Nike, which pays him $240,000 in the first year and $340,000 in the last.
"I'm grateful and humbled in the University's continued faith in my leadership of the basketball program," Williams said. "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 [Carol] Folt, [athletic director] Bubba Cunningham and I agreed the correct and proper thing would be to disclose those terms."