NC State announced a five-year contract extension through 2020 for head basketball coach Mark Gottfried on Friday, the same day as the Wolfpack's season opener against William and Mary.
Jon Rothstein of CBS Sports first reported the news. The school confirmed the new deal and stated the coach's yearly compensation will from go up $2.06 million to $2.48 million. Gottfried released a statement as part of the announcement:
I would like to thank our AD, Debbie Yow, and Chancellor Woodson for their commitment to me and to the basketball program here at NC State.