Pitt men's basketball coach Jamie Dixon signed a contract extension for three more years today. The new pact has Dixon signed through the 2015-16 season.

Dixon received a raise on top of the nearly $1.3 million he earned last season. He is entering his sixth season as head coach and has had his salary more than doubled in the past three years. The Panthers have made five consecutive NCAA tournaments under his guidance and will be a favorite to make the Final Four this season.

Athletic director Steve Pederson will announce the extension at a news conference at 11 a.m. at the Petersen Events Center.

"This contract extension is all about commitment," Pederson said in a statement. "Our commitment to Jamie and his commitment to the University of Pittsburgh. He is deserving of this commitment by the university for establishing Pitt basketball as one of the nation's premier programs."

More details in tomorrow's Post-Gazette.