Updated

Cincinnati head men's basketball coach Mick Cronin has agreed to a contract extension that will add one year to his deal and run through the 2017-18 season.

Cronin could have one or two more years added if the Bearcats reach the NCAA Tournament in either of the next two seasons.

"In an industry where coaching changes occur frequently, Mick brings a tremendous amount of stability to our program and loyalty to our institution and community. When Coach Cronin first arrived at UC, he had one scholarship student-athlete on the roster. Our basketball program has steadily progressed on an upward trajectory," athletic director Whit Babcock said in a statement Wednesday. "Coming off a third consecutive NCAA tournament appearance, a fall semester with the team achieving its highest grade point average since 2007 and a strength of schedule ranked 27th nationally, I'm pleased with the accomplishments being made on the court and in the classroom. I look forward to working with Mick and our staff in achieving our championship aspirations for many years to come. Cincinnati men's basketball is well positioned for the future."

The Bearcats went 22-12 during the 2012-13 campaign, which ended with a second-round loss to Creighton in the NCAA Tournament.

During the past three seasons, Cronin, who took over the program in 2006, has guided Cincinnati to a 74-32 record. He ranks third in school history with 135 wins and has compiled a 204-124 career record over 10 seasons.