Arizona signs Tommy Lloyd to 5-year extension

(Photo credit: James Snook-USA TODAY Sports)
Arizona basketball coach Tommy Lloyd will remain with the university long-term after signing a five-year contract extension on Monday.

The agreement, which still needs final approval by the school's board of regents, lasts until "at least 2029," according to a news release.

Lloyd will receive $5.25 million in total compensation in the first year of the extension, escalating t