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Nebraska's Tim Miles receives contract extension through 2019-20

David Banks-USA TODAY Sports

LINCOLN, Neb. - Nebraska men's basketball coach Tim Miles has had his contract extended one year through the 2019-20 season.

Athletic department spokesman Shamus McKnight confirmed the extension Tuesday. The school released Miles' new salary on Wednesday. He received a 21-percent raise that makes him the first Nebraska basketball coach to be paid $2 million a year.

The Cornhuskers finished fourth in the Big Ten in 2013-14 and went to the NCAA tournament. The Huskers slipped to 13-18 last season. Miles is 47-49 in three seasons at Nebraska.

Miles was hired away from Colorado State in 2012 and signed a seven-year contract. It was the longest contract given to a Nebraska coach in any sport. Miles' annual salary was scheduled to increase to $1.775 million last month.

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