The University of North Carolina and head basketball coach Roy Williams reached an agreement Wednesday on an eight-year contract extension through the Tar Heels' 2027-28 season.
UNC athletic director Bubba Cunningham announced the new deal, and Williams made a statement about his contracts with the school and apparel company Nike.
"I'm grateful and humbled in the University's continued faith in my leadership of the basketball program. When I coached at Kansas my contracts with Nike and our media partner were private, and UNC respected and honored that for 15 years. However, times have changed and understanding the environment that college basketball faces now, Chancellor [Carol] Folt, Bubba and I agreed the correct and proper thing would be to disclose those terms.