ANN ARBOR, Mich. — Michigan coach Dusty May has agreed on a deal that will have him continuing to lead the Wolverines “for many years to come,” athletic director Warde Manuel said Saturday.

Manuel made the comment during a ceremony celebrating Michigan’s NCAA Tournament championship.

“Dusty and I have already reached an agreement,” Manuel said in a remark that resulted in a standing ovation as well as chants of “Dusty!” from the crowd that had gathered at the Crisler Center.

Manuel then finished his comment: “And he will be the leader of this basketball team for many years to come.”

May, 49, led Michigan to a national title in his second season on the job after inheriting a program that went 8-24 the year before his arrival. Michigan went 37-3 this season and earned its first national title since 1989 by defeating UConn 69-63 in the NCAA Tournament championship game.

He had been mentioned as a potential target for North Carolina, which hired former Denver Nuggets coach Michael Malone on Tuesday to replace the fired Hubert Davis.

May owns an overall coaching record of 190-82. He went 126-69 at Florida Atlantic from 2018-24 and led the Owls to a 2023 Final Four appearance before going 64-13 at Michigan the last two seasons.