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In the midst of the best season in program history, head coach Curt Cignetti is receiving a new contract from Indiana.
Per ESPN's Pete Thamel, Cignetti has agreed to a deal that will add more years compared to his previous contract and "significantly" increase his pay.
Zach Osterman of the Indianapolis Star added the contract will offer "assurances around infrastructural program support."
Full details of the Cignetti's deal with the Hoosiers have not yet been released.
This article will be updated soon to provide more information and analysis.