UCF coach Donnie Jones is expected to sign a new five-year contract through 2018 on Friday, multiple sources told ESPN.
The news of the impending deal was reported earlier by the Orlando Sentinel.
Jones led the Knights to a 20-11 record last season despite losing three players -- Marcus Jordan, C.J. Reed and Josh Crittle -- following NCAA sanctions that made UCF ineligible for the postseason in 2012-13.
The contract is a strong sign of support from athletic director Todd Stansbury, who took over a little more than a year ago in place of Keith Tribble -- who resigned amid NCAA allegations. Jones had two years remaining on his previous deal.
Jones has led Central Florida to three consecutive 20-win seasons, but the Knights are heading from Conference USA to the new American Athletic Conference next season. He came to UCF from Marshall, where he was 55-41 in three seasons, and also was an assistant under Billy Donovan at Florida for 11 years.
Jeff Goodman covers college basketball for ESPN.