Jason Kidd has signed a multiyear contract extension with the Dallas Mavericks, the team announced Monday.

The deal comes just days after ESPN's Dave McMenamin reported that Kidd's name had been mentioned as a potential candidate for Los Angeles Lakers head coach, a job that came open when the team fired Darvin Ham.

Kidd, 51, is coming off his third season as Mavericks coach -- a season in which he led the team to the Southwest Division title. In two of his three seasons, he has coached the team to 50-plus wins (52 in 2021-22 and 50 in 2023-24) and playoff series wins. Kidd led the Mavs to the Western Conference finals in 2022.

"We are excited to have Coach Kidd continue to lead our team throughout the coming years with this well-earned contract extension," Mavericks governor Patrick Dumont said. "Kidd led our team to two playoff appearances in three seasons, and we are looking forward to his leadership in continuing to build and grow this already great franchise."

"I have known Jason for a long time, and I cannot think of a better, more qualified candidate to lead this team going forward," general manager Nico Harrison added. "As a former NBA Champion Hall of Fame player, Jason brings a wealth of experience and expertise to this role which cannot be duplicated. He has earned the trust and respect of our players and that of so many across the league, and I look forward to working alongside him as we continue to build upon the culture and foundation of success he's helped foster throughout his tenure as head coach."