The Miami Hurricanes may be losing basketball players to the NBA Draft, but their coach Jim Larrañaga plans to stay put for at least six more years.
Larrañaga on Tuesday agreed in principle to a two-year contract extension with the university, Director of Athletics Blake James announced. The extension will take him through May 31, 2024.
“Coach Larrañaga is an integral part of our athletics department’s success, and he continues to demonstrate year after year that he is one of the best basketball coaches in the nation,” James said. “We are fortunate that he and Liz have made Miami their home and that they will remain a part of the Hurricane Family for years to come.”
Larrañaga, 68, will be 74 at the end of the 2023-24 season.
In seven seasons at Miami, he has compiled a 161-79 record, including 75-49 in ACC play. He has led the Canes to six postseason berths, including four NCAA Tournament bids, and guided the Hurricanes to a pair of NCAA Sweet 16 berths.
UM is one of only four ACC teams to have six or more 20-win seasons in the past seven years. The others are Duke, North Carolina and Virginia. Larrañaga led the team to its first ACC regular-season and tournament titles in 2013. The Canes were 22-10 in 2017-18 and went to the NCAA Tournament, where they lost in the first round to Final Four team Loyola-Chicago.
Although three underclassmen have declared for the NBA Draft — Bruce Brown, Lonnie Walker IV and Dewan Huell — Larrañaga said he is “excited about the direction” the program is headed.
“This contract extension is a strong indication that we have the support of the University to continue the winning tradition and culture we have built,” he said. “I am grateful for this commitment and especially want to thank our president, Julio Frenk, our athletics director, Blake James, and our university administration for the confidence they have shown in me and our coaching staff. Liz and I, and my staff, love Miami and look forward to many years ahead.”
Larrañaga has coached for 34 years and has a 631-413 career record, which is the 12th-most victories of all active Division I head coaches. He led 11th-seeded George Mason to the Final Four in 2006.