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Report: Mike Budenholzer agrees to 3-year extension with Bucks after NBA championship

Add another piece of evidence to the idea that winning an NBA championship is great for your job security.

Milwaukee Bucks head coach Mike Budenholzer has agreed to a three-year contract extension, according to ESPN's Adrian Wojnarowski. He will reportedly be under contract through the 2024-25 season.

A two-time NBA Coach of the Year, Budenholzer holds a 162-65 record with the Bucks. It wasn't until this summer, though, that he was considered a keeper for the team.

Mike Budenholzer was on the hot seat before Bucks' title

Budenholzer's extension comes about a month after his Bucks put the finishing touches on the franchise's first title in 50 years, defeating the Phoenix Suns in six games.