After finishing the season with a championship run, the Milwaukee Bucks agreed to a three-year contract extension with Mike Budenholzer.
Budenholzer was entering the last year of his current contract with the franchise. The two-time Coach of the Year led the Bucks to a 46-26 regular season record last year.
He then helped the team win its first NBA championship in 50 seasons, after getting past the Brooklyn Nets and the Atlanta Hawks in the East, and returning from a 2-0 deficit in the Finals vs. Phoenix to win the title.
The veteran coach joined Milwaukee in 2018 after five seasons as head coach of the Atlanta Hawks and a lengthy spell as an assistant with the San Antonio Spurs.
He led the Bucks to two consecutive playoff appearances with the best record in the league; however Milwaukee could not get past the East, losing in the Conference Finals and semifinals in those two occasions.
After retooling their roster during the 2020 offseason with the addition of Jrue Holiday, the Bucks capitalized on the opportunity during the postseason to win the NBA title.