Josh Pastner receives one-year extension from Georgia Tech

Georgia Tech coach Josh Pastner directs his team against Cal State Bakersfield during the first half of an NCAA college basketball game in the semifinals of the NIT Tuesday, March 28, 2017, in New York. (AP Photo/Kathy Willens)

Georgia Tech coach Josh Pastner directs his team against Cal State Bakersfield during the first half of an NCAA college basketball game in the semifinals of the NIT Tuesday, March 28, 2017, in New York. (AP Photo/Kathy Willens)

Georgia Tech coach Josh Pastner was awarded a one-year contract extension, the school announced Wednesday.

Pastner, who signed a six-year contract when he was hired, has been extended through the 2022-23 season.

Pastner far exceeded expectations in his first season, leading the Yellow Jackets to upset wins of North Carolina, Florida State and Notre Dame to earn ACC coach-of-the-year honors. Tech finished 21-16 and reached the finals of the NIT.

“Coach Pastner’s accomplishments on the floor in his first season on The Flats speak for themselves but what makes him such a great fit at Georgia Tech is the culture that he has established for our men’s basketball program,” athletic director Todd Stansbury said in a statement. “His energy, his positivity and his commitment to do things the right way are all attributes that not only lead to success on the court but also set our student-athletes up for success after graduation, and are a source of pride for our alumni, students and fans.”

Pastner's original contract was worth an average of $1.87 million per year, steadily increasing annually and topping out at $2.2 million in 2021-22.

“I love Georgia Tech and the time I’ve spent here,” Pastner said in a statement. “The success we had last year was a direct result of my staff and the unbelievable job they did, the players who bought in and performed so well, and the fans who gave us the home-court advantage we needed to win 17 games at McCamish Pavilion. I’m grateful to (Georgia Tech) President (G.P. “Bud”) Peterson and Todd Stansbury for the tremendous support we have, and for seeing the big picture and where we want to go as a program.”