Roy Williams and North Carolina have agreed upon a two-year extension on his existing deal to run through 2020.

The deal will pay Williams a base salary of between $408,169 this fall and $595,409 in 2019-20, and supplemental compensation ranging from $1.55 million this fall and $1.75 million in the final year. There's also a $40,000 annual expense account, along with outside contracts with Nike and for multimedia obligations.

"I've said I want to coach another six to 10 years, so this contract takes me right to the edge of that, which is good," Williams said in a statement released by the university. "I appreciate the confidence Chancellor Folt and Bubba Cunningham have in my leadership of the basketball program. They've demonstrated that with this contract extension, and with their support over the past several years, which have been a challenge for all who love Carolina as I do. I thank them on behalf of our basketball program and me personally."

Williams has a 332-101 record in his 12 seasons with the Tar Heels.