Minnesota State officials have announced today that they have reached an agreement on a new five-year contract extension with men’s basketball head coach Matt Margenthaler.

The new contract, which becomes effective July 1, 2024, will replace Margenthaler’s current agreement. No other terms were available.

“We are pleased to offer this long-term contract extension to Coach Margenthaler, as it helps to secure the future direction of Maverick basketball,” Director of Athletics Kevin Buisman said. “Matt is not only an outstanding coach, but a tremendous leader that focuses on the development of his players in a holistic sense, so that they are prepared to excel, both on and off the court. Behind Matt’s direction and guidance, we are in a position to continue to compete at the highest level as one of the premier programs in the country.”

“Signing this contract extension with Minnesota State is not just about basketball; it’s about continuing to build on the foundation of family and excellence that defines this program,” Margenthaler said. “Winning the National Championship was a testament to the dedication and hard work of everyone involved, and I am honored to continue leading this program in the future. I really appreciate President Inch and Director of Athletics Kevin Buisman having the faith in me and my staff moving forward.”

Margenthaler recently wrapped up his 23rd season as head coach as he guided the Mavericks to a 35-2 season and their first NCAA Division II Championship in team history. As a team, MSU set several single-season team records in wins (35), games played (37), winning % (.946), points scored (3,141), field goals (1,159), field goal attempts (2,362), three pointers made (342), three pointers attempted (895) and rebounds (1,431).

Margenthaler was named the NSIC Coach of the Year and the NABC Division II Coach of the Year earlier this season. His 488 career wins and 699 career games coached are the most in team history.