Associated Press - March 31, 2009 9:54 PM ET
COLUMBIA, Mo. (AP) - Mike Anderson has agreed to a new 7-year contract and will remain Missouri's men's basketball coach.
The announcement Tuesday night caps a whirlwind couple of days for the school and Anderson, who had been mentioned for coaching vacancies at Georgia and Memphis.
The university said financial details of the new deal will be announced later. Anderson previously earned a base annual salary of $850,000.
Anderson coached Missouri this season to a school-record 31 wins and its first NCAA tournament appearance since 2003. The Tigers advanced to the West Regional final before losing to top-seeded Connecticut.