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Eustachy to remain with Colorado St. through 2020-21 season

Colorado State v San Diego State

LAS VEGAS, NV - MARCH 13: Head Coach Larry Eustachy of the Colorado State Rams calls to his team during a semifinal game of the Mountain West Conference basketball tournament against the San Diego State Aztecs at the Thomas & Mack Center on March 13, 2015 in Las Vegas, Nevada. (Photo by David Becker/Getty Images)

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FORT COLLINS, Colo. (AP) Colorado State extended basketball coach Larry Eustachy’s contract Thursday through the 2020-21 season, adding a year to his existing deal.

Eustachy enters the season 11 wins away from 500 for his Division I career.

The 60-year-old Eustachy took over at Colorado State in 2012. He’s 87-48 with the Rams, including an NCAA Tournament appearance during his first season in charge.

Athletic director Joe Parker says he’s “excited about what the future holds for this program over the remainder of his coaching time here.”

As part of his agreement, Eustachy has bonuses for winning 20 games ($40,000), taking the Mountain West Conference championship ($100,000) and earning an NCAA Tournament bid ($200,000).

He’s led five programs to 24-plus-win seasons: CSU, Southern Miss, Iowa State, Utah State and Idaho.