Jun 11, 2009 11:25 AM EST

Shortly after the conclusion of the Finals, the Orlando Magic will offer an extension to Stan Van Gundy.

Van Gundy is just finishing the second year of his original four-year contract that began in the summer before the 2007-08 season. The fourth year of the contract, paying him an estimated $4 million annually, currently is a team option that will be guaranteed as part of the extension.

"When I signed a contract here, I knew that regardless of what happened, I don't need to have another job after this," he said two weeks ago. "And the thing I liked about that, is not that I don't want to coach, but that I can coach the way I think is best to win games."

Via AOL