The Portland Trail Blazers have signed Head Coach Terry Stotts to a multi-year contract extension, it was announced today by General Manager Neil Olshey. Per team policy, terms of the deal were not disclosed.

"Terry has done an outstanding job during his first two years with the organization," said Olshey. "This extension illustrates our confidence in him as our head coach as well as the Portland Trail Blazers' continued commitment to building a model of consistency and stability."

Stotts led the Trail Blazers to a 54-win season in 2013-14, marking the largest improvement in franchise history and the sixth-best record all-time after the team went 33-49 the previous year. Portland won its first playoff series in 14 seasons, defeating the Houston Rockets in six games and setting up a Western Conference Semifinal matchup with the San Antonio Spurs. The postseason berth was the team’s first since 2010-11.

"Portland is a unique and special place and I'm very proud to be the head coach of the Trail Blazers," said Stotts. "We started the process two seasons ago and laid the foundation for success. I look forward to the possibilities of the upcoming seasons."