CHARLESTON, W.Va. -- West Virginia University men's basketball coach Bob Huggins signed a contract extension Wednesday to stay on the bench in Morgantown through the 2023 season.Huggins' contract was set to expire in five years, but this extension adds six years to that agreement and takes effect immediately."We are delighted to have an updated agreement in place that will continue to keep coach Huggins at WVU for his entire career," WVU athletic director Oliver Luck said in a university release. "He is the third-winningest active coach in the country and his record of accomplishment speaks for itself. His passion, caring and love for the University and state of West Virginia is incredible. We look forward to many more years of successful Mountaineer basketball under his guidance."The agreement calls for an annualized salary of $3 million this season - $250,000 in base pay with the remainer in supplemental pay generated by the athletic department.Following the 2017-18 season, Huggins will assume a five-year Emeritus status appointment within the WVU athletic department in which he will be involved in public relations, development and other activities as assigned by the athletic director. Huggins has the option to defer his term of Emeritus status and continue coaching beyond 2018."I feel blessed to be able to end my coaching career at my alma mater, the place all West Virginians love," Huggins said. "I'm very fortunate to work for an administration that shows our passion for this University and this state. It's rare for a University to redo an existing contract to make sure that their people are taken care of and reassured to coach at that institution. Many thanks to all the people who have been so supportive of me, my family and Mountaineer basketball. I'm truly blessed."Huggins, currently in his sixth year at West Virginia, is in his 31st overall season as a head coach. He is the third-winningest active coach in Division I with 710 career victories and has two Final Four appearances - in 1992 with Cincinnati and 2010 with WVU.