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Monty Williams gets emotional after receiving Coach of the Year Award from his family (1:30)

Monty Williams presented the NBA coach of the year award to his family. The first part of the story is over.

12:00 PM ET

According to sources, the Phoenix Suns and Monty Williams have agreed on a long-term contract extension.

Williams, who was voted the National Basketball Coach's Association's coach of the year in consecutive seasons, had two years left on his original five-year deal, and now moves under contract for many more years.

Williams' impact on the Suns' organization has been significant, including a trip to the NBA Finals and a franchise-record 64 victories last season. In three seasons with the Suns, Williams has transformed a team that had won 19 games before he arrived into one of the league's best.

The 1969-70 New York Knicks were the only team to finish with a better road win percentage than their home win percentage. The Suns were the best in the shot-clock era when they were up by at least 30 points. The only two teams that did not lose in the regular season were the Los Angeles Lakers and the Clevelandavaliers.

The Suns had a franchise-record 18-game winning streak in the regular season and three separate winning streaks of nine or more games.

The Suns were the only team to rank in the top five in offensive and defensive efficiency and went 33-9 in clutch time games.

The Suns lost in a Game 7 at home to the Dallas Mavericks in the second round of the playoffs. The Milwaukee Bucks defeated the Phoenix Suns in the NBA Finals in 2021.

The distraction of an NBA investigation into owner Robert Sarver's behavior tested Williams' leadership.

This story was made possible by Stats & Information from ESPN.