North Carolina head coach Roy Williams signals during the first half of a college basketball regional semifinal against Wisconsin in the NCAA Tournament, Thursday, March 26, 2015, in Los Angeles. (AP Photo/Mark J. Terrill)
Mark J. Terrill
June 19, 2015

CHAPEL HILL, N.C. (AP) North Carolina has agreed to a two-year contract extension with Roy Williams, keeping the Hall of Fame coach with the Tar Heels through the 2019-20 season.

The school announced terms of the deal Friday. The deal will pay Williams a base salary of between $408,169 this fall and $595,409 in 2019-20, and supplemental compensation ranging from $1.55 million this fall and $1.75 million in the final year. There's also a $40,000 annual expense account, along with outside contracts with Nike and for multimedia obligations.

There are bonuses for the team's NCAA Tournament finish and its academic progress rate scores.

In a statement, Williams says the extension puts him close to his goal of coaching another six to 10 years.

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