Morgantown, WV -- (Sports Network) - West Virginia University and head men's basketball coach Bob Huggins have agreed to a contract extension through the 2018-19 season, the school announced Friday.

Financial terms of the agreement will be announced next week.

The Morgantown native led the Mountaineers to 26 victories while advancing to the Sweet 16 in the NCAA Tournament this past season, his first as head coach at his alma mater.

"This is a very exciting day for WVU and the state of West Virginia," school president Mike Garrison said. "Coach Huggins is proud to be an (alumnus) and proud to be a West Virginian. We are very lucky to have him leading our student athletes."

In December 2007, Huggins became the 29th Division I coach to reach 600 victories. The 54-year-old has recorded a 616-222 record in 26 seasons as a head coach at Walsh College (1980-83), Akron (1984-1989), Cincinnati (1989-2005), Kansas State (2006-07) and West Virginia, ranking him fifth in total victories among active Division I head coaches.

Huggins was a three-year letterman for the Mountaineers, graduated in 1977, then went on to earn his master's degree at WVU one year later.