OXFORD, Miss. (AP) -- Mississippi basketball coach Andy Kennedy has earned a raise and an extension to his contract after leading the Rebels to the NCAA tournament for the first time since 2002.
The school said Friday that Kennedy's contract has been extended through the 2017 season and will pay him a base salary of $1.8 million annually, which is a raise of $500,000 per year.
The school also says the contract includes incentives for Southeastern Conference regular-season and NCAA postseason success and a 40 percent increase in the budget for his assistant coaches and support staff.
Ole Miss tied a school record with 27 wins this season and advanced to the third round of the NCAA tournament before losing to La Salle.
The 45-year-old Kennedy is 152-87 in seven seasons with the Rebels.