New Mexico's Steve Alford has agreed to a new 10-year deal with the Lobos, the coach said in a statement Saturday.
Alford led the Lobos to the Mountain West conference regular-season title and a No. 3 seed in the East for this season's NCAA tournament. New Mexico beat Montana in the first round before losing to Washington.
Alford is 76-26 in three seasons at New Mexico, the highest winning percentage in program history for at least 100 games.
Athletic director Paul Krebs says Alford has raised the profile of the basketball program in the Mountain West Conference and nationally.
This season, New Mexico finished 30-5 while setting a school record for wins and playing in the NCAA tournament for the first time in five years.
Alford, who left Iowa and the Big Ten after the 2006-07 season to take over a struggling New Mexico program, had signed a six-year contract when joining the Lobos.
Information from ESPN.com senior writer Andy Katz and The Associated Press was used in this report.