April 5, 2007
HATTIESBURG, Miss. - Southern Miss Director of Athletics Richard Giannini has announced today that the school and men's basketball coach Larry Eustachy have agreed to a two-year contract extension that will run through the 2010-2011 season.
The extension, which will include a substantial raise, is subject to IHL Board approval during their May meeting. The two-year extension brings him to the maximum allowable amount of years - four - to be under contract by the state of Mississippi.
"Larry has done an outstanding job and has really built this program which is poised to have a lot of success," Giannini said. "He has assembled a great coaching staff and everyone one works well together. I am confident in our basketball program and the direction that it is heading."
Eustachy, who just finished his 16th season as a collegiate head coach, has tallied a 301-194 record over that time and is 41-49 as the Southern Miss head coach in three seasons.
"I feel extremely loyal to Southern Miss because of the loyalty shown to me three years ago when I was hired," Eustachy said. "There was never any doubt that this is where I wanted to be.
"The loyalty shown from our administration from the beginning has never been forgotten and that loyalty works both ways. We have lofty expectations in what we want to accomplish. We have achieved some of that, but we still have things that we need to do in terms of where we want to take this program."
The Golden Eagles finished 20-11 last season, including a 9-7 mark in Conference USA which allowed them to finish in a three-way tie for fourth place. It was the first winning season for the school since the 2000-01 campaign and just the third winning record in C-USA play in the Golden Eagles 12-year tenure in the league.
"Larry is truly committed to Southern Miss and Conference USA basketball and there is no question that he will help both gain much higher status in the college basketball circles in the years to come," Giannini added.
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