Kansas and Bill Self have agreed to a lifetime contract.

Self's contract had one season remaining but it has been replaced with a new five-year rolling agreement that automatically adds one year at the conclusion of each season.

"I want to extend my sincere appreciation to Chancellor [Doug] Girod, Kurt Watson, and the rest of the leadership at KU for their belief and faith in me to provide this lifetime contract," Self said in a statement. "Every day, I am reminded just how fortunate I am to lead this storied program and there truly is no place else I would rather be. As we continue to work through the challenges facing our program, we look forward to moving ahead and focusing on our bright future. I would also like to express my gratitude to our alumni and donors, as well as the best fans and students in the nation, that have supported my family and me for the past 18 seasons. I'm excited to remain your basketball coach and compete for many championships in the future."

Self became head coach of Kansas in 2003 and has won one national championship. 

Self had been linked with a potential move to the NBA for the past few years. Self is good friends with RC Buford of the San Antonio Spurs.