On Monday afternoon Auburn head coach Gene Chizik, who is with Malzahn in New York City for the Heisman Trophy Banquet, said, "Gus Malzahn has played a large role in the success of our football program the last two years and we're very pleased to be able to give him a raise and extend his contract.
"In my opinion we have the best staff in the country, and while we want our coaches to strive to become head coaches retaining them as long as we can is important to me and the entire Auburn family," Chizik added. "Gus is a very bright and talented coach and we are looking forward to beginning preparation for the BCS National Championship."
On Monday afternoon Malzahn said, "I'm very appreciative of Coach Chizik and the entire administration for their support. My family and I love Auburn and right now my main focus is helping Auburn win a national championship."
Malzahn helped the Tigers post a 13-0 record this season and win the Southeastern Conference for the first time since the 2004 season.
Under Malzahn's direction the Tigers lead the SEC and are seventh nationally in scoring with an average of 41.6 points per game going into the Jan. 10th BCS Championship Game vs. Oregon.
Auburn leads the SEC in total offense averaging 490.1 yards per game, which is eighth nationally in total offense.
Malzahn's offense leads the SEC in passing efficiency with a 183.98 rating, which is second nationally.
The Tigers lead the SEC and are sixth nationally in rushing offense with 291.3 yards per game.
Last week Malzahn was named the winner of the Broyles Award, which is presented annually to the nation's top college assistant football coach.
Malzahn, who doubles as the quarterback coach, helped Chris Todd set an Auburn school record for touchdown passes in a single season with 22 last year. This year's starting quarterback, Cam Newton, has broken that record with 28 touchdown passes and also set an Auburn school record for rushing touchdowns in a season with 20.
Newton was named the SEC Offensive Player of the Year and has been selected to numerous All-American teams. The junior won the Davey O'Brien Award as the nation's top quarterback and in addition to the Heisman Trophy he won the Walter Camp Foundation's National Player of the Year Award as well as The Maxwell Award.
This year Auburn's offense has set school records for total offense (6,470 yards), rushing (3,733 yards) and points (555) and this team is on pace to be the first in Auburn history to average 40 or more points per game.
Prior to coming to Auburn, Malzahn coordinated Tulsa's offense for two seasons after one season at the University of Arkansas, his first collegiate coaching job following a very successful high school coaching career in his home state of Arkansas. Malzahn is a native of Fort Smith. Tulsa's offense was among the nation's leaders in scoring and total offense while Malzahn was there and in his one season at Arkansas the Razorbacks won the SEC West.