Budenholzer, who was heading into the final season of his previous deal with the Bucks, is now locked in through the 2024-25 season.
ESPN NBA insider Adrian Wojnarowski broke the reports on Tuesday night.
After leading the Milwaukee Bucks to the franchise’s first NBA championship in 50 years, coach Mike Budenholzer has agreed on a three-year contract extension, sources tell ESPN.
— Adrian Wojnarowski (@wojespn) August 25, 2021
Over the last three seasons with the Bucks, Bidenholzer has led the franchise to a 162-65 regular season record. Including this year’s postseason title run, an Eastern Conference Finals trip in 2019 and a conference semifinals appearance in 2020, the ninth-year head coach’s playoff record with Milwaukee currently sits at 31-17.
Despite all this success with the team, a significant portion of the Bucks’ fanbase was calling out “fire Budenholzer” before this year’s championship victory. While some critics still aren’t sold on the 52-year-old head coach as their coach of the future, claiming the 2021 title certainly helped to ease the pressure weighing on his shoulders.
This contract extension news shouldn’t come as too much of a surprise. Just last month, Bucks general manager Jon Horst explained the importance of re-signing the championship-winning head coach.
“Bud’s an incredible partner, someone I want to work with for as long as I possibly can, the player’s want to work with and our ownership trusts and believes in,” Horst said, via the Milwaukee Journal Sentinel.
Payment details for the three-year deal have yet to be disclosed.