Tommy Lloyd has a new deal to keep him in Tuscon.

Arizona announced Monday that Lloyd has agreed to a five-year extension. The deal, pending approval by the Board of Regents, would have Lloyd making $5.25 million in year one and $6 million in year five.

Lloyd’s extension comes on the same day that Arizona announced the hiring of new athletic director Desireé Reed-Francois. University of Arizona President Robert C. Robbins announced the extension of Lloyd.

“Tommy has proven to be a championship coach, an exceptional leader and recruiter, and has reinvigorated Wildcat pride by transforming the University of Arizona men’s basketball program back into one of the top programs in the nation. We are thrilled that he will remain a Wildcat for years to come,” Robbins said via a team release. “Thanks to the generosity of many in our community who love and support this university and are invested in its future, donor funds have been secured to cover the full cost increase of the extension.”

A former Gonzaga assistant, Lloyd came to Arizona in 2021. He has posted an 81-16 record, guiding the Wildcats to Pac-12 Tournament titles in 2022 and ’23, as well as the 2022 regular-season conference title. He picked up multiple national coach of the year honors in 2022.

“I am humbled and grateful to finalize a long-term extension here at the University of Arizona. I am energized by the support of our fans, our players, our alumni, President Robbins, the Board of Regents and our donors,” Lloyd said via the team website. “All of us are aligned on maintaining a highly competitive and nationally recognized basketball program that provides a great experience for the student athletes. We will continue to honor the Wildcat basketball heritage and give everything we have to make people proud to say ‘Bear Down!'”

Lloyd’s Wildcats are on track to make noise in March. Arizona is 20-5 overall, a perfect home record of 13-0 and an 11-3 mark in conference contests.