The agreement replaces the current five-year contract and will keep Guevara with the Chippewas through the 2016-17 season.
"Coach Guevara has built our program into one that contends for championships on an annual basis," said Director of Athletics Dave Heeke. "We have the momentum and the pieces in place to do some great things on the basketball court. I believe Coach Guevara is the right person to lead us to the next level."
"I would first like to thank Dave Heeke and the university administration for the support they have shown in myself and our program," Guevara said. "I have truly enjoyed every second of coaching here at CMU and being a member of this community."
Guevara and the Chippewas closed out the season winning seven of their last nine games, a span that included a trip to the MAC championship game for the first time since 1991. Her team has made four-straight appearances in the MAC quarterfinals and two consecutive trips to the MAC semifinals. On December 11 the Chippewas defeated No. 12 Purdue to record the highest upset in program history and the second win in three years over a ranked opponent.
During her tenure she has coached two MAC Freshman of the Year honorees, two MAC Sixth Player of the Year award winners, seven MAC All-Freshman Team selections, and 12 all-conference picks.
"I would also like to thank the friends and the fans here at CMU, who have shown their enduring support for me and this program," commented Guevara. "I think about how much this program has accomplished in the past five years, and look forward to another five."
Guevara's new base salary will be $180,000 per year, replacing the current $150,000 per year. She will also be compensated $20,000 for radio, television and promotional appearances.