The Portland Trail Blazers signed Head Coach Nate McMillan to a two-year contract extension, it was announced today by General Manager Rich Cho.

"With his NBA and USA Basketball track record, Nate has established himself as one of the premier minds in the game of basketball," said Cho. "What Nate has accomplished in the last few years is truly remarkable and getting his contract extended was a top priority for the franchise and me."

McMillan, 46, is currently in his sixth year with the Trail Blazers after signing with the team prior to the 2005-06 season. He has a 234-239 (.495) record with the Trail Blazers and a 446-422 (.514) overall mark in 11 NBA seasons with Portland and Seattle. He is the second longest tenured Trail Blazers head coach behind only Jack Ramsay.

"I'm very excited to have the opportunity to finish what we started," said McMillan. "Portland is home for me now and I greatly appreciate the bond between the fans and this basketball team. It's a very special place to be and it's the only place I want to be.

"I want to thank all the support that I've been shown along the way, especially that of our owner, Mr. Allen, who time and time again demonstrates his commitment to this franchise and winning basketball. I also want to thank Larry Miller, Rich Cho, my coaching staff and everyone in the Trail Blazers family as we continue on this journey of bringing another championship to Portland."