Larry Shyatt led Wyoming to a sixth-place finish in the Mountain West last season. (Ethan Miller/Getty Images)
Wyoming basketball coach Larry Shyatt signed a five-year extension on Tuesday, the school announced.
The deal is worth a total of $3.6 million, according to ESPN.com's Jeff Goodman.
Shyatt is 59-40 in three seasons with the Cowboys, his second stint as the team's head coach. He guided Wyoming to a 19-9 record in 1997-98 before taking the head coaching job at Clemson for five seasons.
REPORT: Marist hires former Division III coach Mike Maker as new head coach
"I believe Coach Shyatt has done an outstanding job of building our program for the future," said athletic director Tom Burman in a statement released by the school. "On the court, our team is now competitive with the top teams in our conference and nationally."
The Cowboys are 19-29 in the Mountain West during Shyatt's latest tenure and have appeared in the CBI after each of the last three seasons.
"We are pleased that we have been able to instill a winning culture, both in the way our team members perform academically and on the court," Shyatt said in the statement. "We are certainly not satisfied with where our program is at, and our goal is to move our program into the upper echelon of the Mountain West. For us, it is about building a successful program, not simply building a winning team."Report: Kansas University will represent U.S. in World University Games