Sunderland boss Gus Poyet has signed a new deal that ties him to the club until the summer of 2016.
Poyet has been in charge at the Stadium of Light since October 2013 and he oversaw their superb end to the season which culminated in securing Premier League safety.
The Uruguayan also took Sunderland to the final of the Capital One Cup, where they were beaten 3-1 by Premier League champions Manchester City.
He had been linked with the new vacancy at Southampton but the club acted swiftly to warn potential suitors off only hours before the announcement of Poyet's new contract.
"I am delighted to extend my stay with Sunderland AFC, after an unbelievable season and our famous great escape," Poyet said.
"Stability is absolutely key to long-term and sustained success for any football club, and this new contract gives both the club and me that stability going forward.
"Now it's a different challenge for me and the club and I am relishing the next stage with Sunderland. We achieved so much last season, working together - the club and the fans - and we took many good memories from the season.
"The prospect of creating more of those memories is one which excites me, and now I cannot wait for the next chapter in my career and the history of Sunderland AFC."
The club's sporting director Lee Congerton added: "We are naturally delighted that Gus has committed his long-term future to Sunderland.
"Our plans are well underway in terms of summer recruitment and we are working hard to bring new faces to the squad ahead of the 2014-15 season."
Sunderland also confirmed Poyet's backroom team of Mauricio Taricco, Charlie Oatway, Andy Beasley and Antonio Pintus will continue to work alongside him.