Jason Kidd signed a multiyear contract extension to remain the head coach of Dallas Mavericks.

According to ESPN, the Mavericks announced the extension on Tuesday but did not disclose the terms of the deal.

"Our entire organization deeply appreciates Coach Kidd's leadership, focus, and positive energy," Patrick Dumont, team governor, said in a statement. 

"Coach Kidd embodies everything our organization wants in a leader, and I am happy he will be here for many years to come,” Dumont continued. “We are confident that he will continue to lead our team in a thoughtful and principled manner as we pursue our goal of bringing championships to the city of Dallas."

"I'm grateful for the belief that Patrick and GM Nico Harrison have in me, and the trust we've built while working together to construct a team that Dallas can be proud of," Kidd said in a statement. "We have a great group of players here who love basketball, are talented and coachable. ... It's even more special that I can continue to coach the team that drafted me, and where I was able to win a title as a player. I'm looking forward to what's ahead and continuing to work toward bringing another championship back to Dallas."

The new deal follows speculation that the New York Knicks were pursuing Kidd for their head coaching position. Eventually, Mike Brown was hired to lead the Knicks.

Since 2021, Kidd has guided the franchise to notable playoff success. In his first season, he led the Mavericks to the Western Conference Finals for the first time in 11 years. In his third season (2023-2024), he led the Mavericks to the NBA Finals, where they fell to the Boston Celtics. 

In February, the Mavs traded star point guard Luka Dončić to the Los Angeles Lakers for Anthony Davis. The Mavericks then landed the number one pick and drafted Cooper Flag.