Portland Trail Blazers head coach Chauncey Billups has agreed to a multi-year contract extension, the team announced Sunday morning.

Financial terms of the deal were not disclosed for Billups, who is concluding the final guaranteed year of his contract.

The move comes six days after the Trail Blazers reached a multi-year extension with general manager Joe Cronin.

“I want to thank (Trail Blazers chair) Jody Allen, (vice chair) Bert Kolde and Joe Cronin for their belief in me as we all progress on this journey of creating a sustained winner for years to come,” Billups said. “We are building this team the right way with a defensive-minded, hard-nosed, competitive culture. I look forward to continuing to give Rip City fans a product on the court that they can be proud of and cheer for every night.”

Billups has guided Portland to a 35-46 record entering its season finale against the visiting Los Angeles Lakers on Sunday afternoon. The Trail Blazers won just 21 games last season.

A Naismith Basketball Hall of Fame member, Billups owns a 116-211 record during his four seasons as the coach of the Trail Blazers. He replaced Terry Stotts, who took the Blazers to the playoffs in eight of his nine seasons as the coach.

“The core of Chauncey’s leadership is his ability to build a collaborative culture and growth mindset for our young team,” Allen said. “We’re very happy to extend his contract as head coach, and excited to see his continued work developing our players and transforming this team into one capable of long-term success.”

Billups, 48, was named the NBA Finals MVP in 2004 while helping the Detroit Pistons to the league title. He was a five-time All-Star during his career with the Pistons, Denver Nuggets, Minnesota Timberwolves, Boston Celtics, Los Angeles Clippers, Toronto Raptors and New York Knicks, spanning from 1997-2014.