Virginia coach Mike London has been given a new five-year deal and a raise, the university announced Friday.
The new agreement adds two years to London's contract, through 2016, and increases his annual salary to $2.1 million. It also includes a longevity bonus that takes effect Jan. 15, 2015.
London's coaching staff also will receive additional compensation, the university said.
"Mike London and his staff are a great fit for the University of Virginia," athletic director Craig Littlepage said in a statement. "Commitment and continuity on the staff are major components of building a program. We want to keep the program's momentum moving and this extension will help achieve that."
London is 12-12 in two seasons at Virginia. He was named ACC coach of the year as the Cavaliers, who went 8-4 overall this season and 5-3 in the ACC, earned the program's first bowl invitation since 2007. Virginia will face Auburn in the Chick-Fil-A Bowl on Saturday in Atlanta.
London said he was "grateful, humbled and appreciative" and thanked Littlepage and university president Teresa Sullivan for their support.
"More than anything, this says that everyone involved with the Virginia football program has done an outstanding job," London said.
He said his assistants, support staff and players "all believed from day one that we can accomplish great things here and I think this is just the start of a very bright future for Virginia football."
As part of his new deal, London personally pledged $225,000 to the construction of a new indoor football facility. His pledge brings the total amount committed to the project to almost $9.5 million. The total cost of the project is $13 million.
London returned to Virginia in 2010, where he was previously defensive coordinator, after leading Richmond to the Football Championship Subdivision national championship in 2008.
Joe Schad is a college football reporter for ESPN. Information from The Associated Press was used in this report.