Stanford, Shaw agree to 'long-term' extension

Stanford, Shaw agree to 'long-term' extension
Stanford head coach David Shaw, right, shakes hands with honorary captain Jack Lasater after defeating UCLA 35-17 during their NCAA college football game, Saturday, Nov. 24, 2012, in Pasadena, Calif. (AP Photo/Alex Gallardo)

STANFORD, Calif. (AP) — Stanford coach David Shaw has agreed to a "long-term contract extension" that will keep him with his alma mater beyond the two years left on his remaining deal.

The university's announcement Wednesday ends any speculation about Shaw becoming the latest Cardinal coach to make the leap to the NFL — at least for now. New athletic director Bernard Muir said the "agreement provides added stability and reassurance that David will be at the helm to secure our football program's long-term sustained success."

Shaw has won back-to-back Pac-12 Coach of the Year awards since taking over for Jim Harbaugh. Stanford finished 11-2 last season after a loss in the Fiesta Bowl and won the conference title this year for the first time since 1999.

No. 8 Stanford (11-2) will play in the Rose Bowl against Wisconsin on Jan. 1.