Doc Rivers, Clippers agree upon new 5-year, $50M contract

The Los Angeles Clippers today announced that President of Basketball Operations and Head Coach Doc Rivers has agreed to a contract that will keep him with the team through the end of the 2019 season.

Terms of the deal were not disclosed but, according to Yahoo! Sports, the team replaced the remaining two years on his original three-year, $21 million deal with a new contract that runs through the 2018-19 season and is worth more than $50 million.

“This is an important day for this organization,” Clippers owner Steve Ballmer said. “I am excited to work with Doc for a long time as we build a championship culture that will deliver results both on and off the court."

Rivers took over as head coach of the Clippers in June 2013 and led Los Angeles to the best record in franchise history (57-25, .695) and a second straight Pacific Division title. He became President of Basketball Operations on June 16, 2014.

Entering his 16th season as a head coach, Rivers is one of just three active coaches (Gregg Popovich, Flip Saunders) to win at least 600 games and his 644 career regular season wins is second among active coaches in victories.