The University of Wyoming has announced they're in negotiations with men's basketball head coach Larry Shyatt for a contract extension.

Shyatt just finished his fifth season last month. He has compiled a 103-60 record with the Cowboys.

Wyoming went 25-10 this past season and won the school's first Mountain West tournament championship. They reached the NCAA Tournament for the first time since 2002.

In a release from the university, Athletics Director Tom Burman said, "We are committed to Coach Shyatt and his entire staff. Larry and his staff have done an outstanding job of building a program here at Wyoming that Cowboy fans can be proud of. We are currently working on the details of Coach Shyatt’s extension, but we want everyone to know that we look forward to our current staff being here for years to come."

Shyatt's statement in the release was, "The Shyatt family is proud to continue the process of developing a successful program here at Wyoming and I look forward to finishing my collegiate coaching career here."

The details of the extension are expected soon.

Cowboys Lose a Player

In other Cowboy basketball news, Shyatt announced Wednesday that freshman forward Tyrell Williams has left the program for personal reason. Williams is from Miami, Fla. He redshirted last season.

No further comment will be made on Williams' departure.

It does leave the Cowboys with one scholarship available for next season.