The Miami Heat have given head coach Erik Spoelstra a contract extension, the team tweeted via their official Twitter account.
No details have yet been released on the nature of the new contract.
Spoelstra helped the Heat reach the NBA Finals last season after posting a 58-24 regular season record with the quad. As head coach he has led the Heat to 148 wins and three playoff appearances in his three years. He also served as an assistant coach with the franchise when they beat the Dallas Mavericks in the 2006 NBA finals.
There had been speculation at times last season that former Heat head coach and current executive Pat Riley might come out of retirement to take over the reins of the high profile team, however a contract extension serves as a bid of confidence for the young head coach.