Hurley helped URI to a 23-10 record this season.
Anthony Gruppuso | USA TODAY Sports Images
Hurley helped URI to a 23-10 record this season.
KINGSTON, R.I. -- Rhode Island and head men's basketball coach Dan Hurley have agreed to restructure and extend his contract, reflecting the university's continued investment in the program and its commitment to future growth and success. 

The new contract will add an additional year to Hurley's current pact and will run through the 2021-22 season. Hurley's total compensation package will be increased to a guaranteed $1 million per year by the 2017-18 season. Hurley's current compensation package of $630,000 is among the bottom four lowest in the 14-team Atlantic 10 Conference. Rhode Island would become the eighth school in the conference to offer its head men's basketball coach a total compensation package of at least seven figures.

"Consistently successful athletic programs provide a level of exposure, awareness and interest in the marketplace to promote and attract additional resources to important academic, scholarly and service programs of the university," URI President David M. Dooley said. "We are pleased with Dan Hurley's performance, and want to ensure that we are able to build on the successes of this past season." 

Hurley completed his third year at Rhode Island with a 23-10 overall record and a share of second place in the A-10, finishing with a 13-5 mark in league play.  On Feb. 28, Rhody reached the 20-win mark for the first time in five years. It also marked the first 20-win regular season in six years.