The terms of the new contract aren't yet known but Wojnarowski states that's it's for "multiple years part the 2023/24 season".
“Jacque has made an immediate and immeasurable impact on our entire organization since assuming the role of head coach earlier this season,” said Nets General Manager Sean Marks.
“On the court, he’s clearly demonstrated his leadership through his ability to connect and communicate at a very high level while displaying tremendous instincts for the game. As a person, they don’t come any better than Jacque. His character is impeccable, and there is not a better representative for our team and our borough. We are thrilled to have Jacque lead the Nets for years to come.”
Vaughn took over as the Nets head coach in November after Steve Nash's dismissal. Since taking over, the Nets have gone 32-19 and are currently in the No. 5 spot in the NBA's Eastern Conference.