Bucks, Budenholzer agree to contract extension
Mike Budenholzer was rewarded Tuesday for guiding the Milwaukee Bucks to the NBA championship.
The 52-year-old head coach agreed to a multiyear contract extension, the team announced. According to ESPN, it is a three-year extension on top of the one year left on his former deal, keeping Budenholzer on the job until the summer of 2025.
Bucks owners Marc Lasry, Wes Edens and Jamie Dinan said in a statement, "What an incredible journey we've been on, and winning the NBA championship this season makes us appreciate how difficult it is to win and how grateful we are to have the best players and coaches in place to get the job done.
"Mike's strong leadership, coaching expertise, commitment to player development, and adaptability have been instrumental as we work together to compete for and win championships."
Budenholzer added in a statement, in part, "The appreciation I have for being a part of the Bucks organization is hard to express. ... The players make the success happen on and off the court. We have the best players, and to them I am grateful. They've grown and we've grown together during the last three seasons. ...
"We all can't wait to get back to work and face the great challenge of competing again for an NBA championship."