Bryce Drew . (USATSI)
Drew's earned 50 wins faster than any coach in Valpo history. (USATSI)

Valparaiso University announced on Wednesday that it has signed coach Bryce Drew to a 10-year contract.

It's big news for the school and Drew, who is in his third season and off to a 7-5 start this year. Overall Drew has a 55-25 record since taking the job from his father, Homer, a legend who spent decades with the Crusaders. He's won the past two regular-season titles in the Horizon League.

Drew is most famous for hitting the winning shot in 1998 in the first round of the NCAA tournament that beat Ole Miss when Valpo was a 13 seed.

“We are thrilled to have a coach of such high caliber for our men’s basketball team,” school president Mark A. Heckler, Ph.D., president. “Bryce Drew demonstrates extraordinary leadership, integrity and character, and I am confident he will continue to develop Valpo student-athletes who exhibit these same characteristics.”

The school noted in a release that Drew's march to 50 wins was the fastest to that mark in school history and "is one of just three coaches in Horizon League history to lead teams to regular season titles in each of their first two seasons as a head coach."

“I love coaching at Valparaiso University. The leadership on our campus radiates what is exceptional about collegiate athletics and the college experience," Drew said in a release. "I feel extremely blessed to work under such great leadership and for such a great university. I definitely have a place in my heart for Valpo. Growing up I remember enjoying watching my dad and brother put their passion into building Valpo’s basketball program."