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Williams signs to stay with Tar Heels through 2014-15 season

CHAPEL HILL, N.C. -- North Carolina awarded coach Roy
Williams a four-year contract extension Thursday that will keep him
with the Tar Heels through the 2014-15 season.

Williams, who signed an eight-year contract to coach his alma
mater before the 2003-04 season, will make up to $1.8 million each
year plus incentives based on the Tar Heels' performance on the
court and in the classroom.

"Roy Williams is the most complete coach in the country,"
athletic director Dick Baddour said. "I knew when we hired him he
was an outstanding basketball coach, but he has also exceeded our
every expectation in the manner in which he runs a basketball
program. He believes in character first, he coaches for all the
right reasons and he is a first-rate ambassador of our
university."

Williams, who will be inducted into the Basketball Hall of Fame
in September, is 106-30 in four seasons at North Carolina and
524-131 in 19 seasons with the Tar Heels and Kansas. He won his
only national championship in 2005.

"I am excited about coaching at Carolina and look forward to
these next eight years," Williams said. "I am past the point in
my career where people refer to 'that young coach Roy Williams,'
but I know I can go this long. I just hope my players can put up
with me."

The new contract will pay Williams an annual base salary of
$325,000, a $30,000 expense account and supplemental income paid by
the university ranging from $1.2 million to $1.5 million. Bonuses
are included for qualifying for and advancing in the NCAA
tournament and for graduation rates that meet or exceed the general
student body.

North Carolina finished 31-7 this season, shared the Atlantic
Coast Conference regular-season title, won the league tournament
and advanced to the East Regional finals, where the top-seeded Tar
Heels lost in overtime to Georgetown.