The Los Angeles Clippers have signed Doc Rivers to a brand new five-year, $50 million contract through the 18-19 season.

Rivers signed a three-year, $21 million deal with the Clippers in June of 2013 after the club agreed to a compensation deal with the Boston Celtics.

Rivers' future with the organization became unclear following the release of racist statements made by Donald Sterling. But the ownership transfer to Steve Ballmer triggered extension talks between the Clippers and Rivers.