Krystkowiak's compensation package will total $7 million dollars, or $1.4 million a year. In addition, there are two retention clauses in the agreement: Krystkowiak will receive a $375,000 bonus if he stays through the 2016-17 season and another $375,000 if he stays for the length of his contract.
"Our men's basketball program continues to make tremendous progress under Coach Krystkowiak and his staff," Hill stated. "He has embraced being a part of the Utah family and immersed himself in the Salt Lake community. I am excited about the future of our program under his leadership and look forward to continued success on, and off, the court. "
"I'm very excited and honored about the commitment from Dr. Hill." Krystkowiak added. "He and I have a tremendous working relationship and I want to thank him for the support and belief he has shown to me and the program. I love the situation here and a lot of people and players associated with Utah Basketball have worked extremely hard to get us to this position."
Krystkowiak, entering his fourth year as head coach of the Utes, led the team to 21 wins last season and their best finish since joining the Pac-12 Conference. Utah also reached the postseason for the first time since 2009 as it participated in the National Invitational Tournament.
"I think this is one of the best college jobs in America," Krystkowiak said. "We have a lot of positive momentum right now with the team coming back and the offseason additions. We have the new facility being built and renovations are being made to the Huntsman Center. We still have a lot of work to do but we are on the cusp of doing some special things and I'm proud to be a part of it."
This past season, Krystkowiak mentored Delon Wright, who became the first All-Pac-12 player in program history. The team has also succeeded in the classroom with five players being named to the Pac-12 All-Academic squad in March.