Wizards pick up option on Jordan's contract

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The Wizards just announced a bit ago that they picked up the option on the contract of coach Eddie Jordan, a move that keeps him under contract through the 2009-10 season.

Jordan is entering his sixth season as head coach of the Wizards and has compiled a record of 196-214. He’s the third-longest tenured head coach in the league behind Jerry Sloan and Gregg Popovich.

In 2006 Jordan signed a three-year contract extension worth roughly $12.5 million. The deal had an option for a fourth year, and president Ernie Grunfeld decided it was well worth it to pick that up today.

“Eddie has done an outstanding job and has been instrumental in making us a perennial playoff team, so we are pleased to reward that success by picking up the option on his contract,” Grunfeld said in a statement released by the team.  “We are very excited about the upcoming season and feel that this team is ready to progress to another level under Eddie’s leadership.”

Said Jordan: “I’d like to thank [Wizards Owner] Abe Pollin and Ernie Grunfeld, my assistants and the players for their confidence in me and for putting the pieces in place for us to continue to build on what we’ve already accomplished.

The team will hold a press conference featuring Ernie and Eddie tomorrow.

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