Athletic director Ed McLaughlin says the details are still being finalized, but the majority of changes involve "program enhancements for the student-athletes and coaches." McLaughlin says it also extends a contract already scheduled to run through 2020.
Smart's record is 111-37 in four years, the sixth-most wins in the country over that stretch.
Since guiding VCU to the Final Four in 2011, Smart's name has been among the first mentioned whenever a high profile job comes open.
With openings at places such as UCLA, Southern Cal and Minnesota, McLaughlin says VCU wanted to give him a new deal to be proactive in the face of certain interest from elsewhere.
More Sports Headlines
World of Huskies' Charles flipped upside down UW signs hoops recruit for 2017 6:35 p.m. Steelers sign Vick to one-year deal as backup quarterback 6:05 p.m. Two-time Pro Bowl guard Mathis signs one-year deal with Broncos 6:05 p.m. Sarkisian says he mixed alcohol and medication, will seek treatment 4:44 p.m. Serena Williams, Novak Djokovic are U.S. Open top seeds 4:43 p.m. Huskies' Petersen declines to elaborate on Ukwuachu situation 4:39 p.m. Talks go on as lawyers try to win over 'Deflategate' judge 4:30 p.m.
Our new comment system is not supported in IE 7. Please upgrade your browser here.