Despite the disappointing loss against the Boston Celtics, the Toronto Raptors will be keeping at least one part of the team's formula the same. Head coach Nick Nurse will be sticking around for a while longer. He recently signed a multi-year extension to stay in his position.\nThe announcement came in a press release from the team, which did not disclose any of the financial details of Nurse's new contract as per team policy.\nEditor's Choice: Toronto Condo Will Give Residents Free Rent And $1500 Just To Move In\nThe coach has proven himself valuable to the organization, having managed a .736 winning percentage and a 53-19 record over the past season.\nHe also presided over the team's very first NBA championship.\nThis is the fifth year in a row that the Raptors have made it all the way to the Eastern Conference Semifinals, even if they didn't manage to go all the way this time.\nNurse expressed his gratitude for the position, as well as his love for the 6ix, in a statement.\n"I’m grateful to Masai, Bobby, and the players for their trust and their hard work," he said, "Toronto has been my home for the past seven years, and I look forward to it being home for many more."\n"I’ve watched this franchise grow and reach the pinnacle, and I look forward to the challenge of helping us win another championship."\nThe Coach of the Year is staying North of the border.Details » https://t.co/2SHYVnPkFC pic.twitter.com/0OShKWyer8— Toronto Raptors (@Raptors) September 15, 2020\n"The past two seasons have been unlike any other in our team’s history," team President Masai Ujiri said in a statement.\n"First, winning our championship, and then navigating a global pandemic and committing long-term to the fight against racism and for social justice."\nView this post on Instagram First half playoff vi👁ws (2/3) A post shared by Toronto Raptors (@raptors) on Sep 11, 2020 at 7:40pm PDT\nNurse already received one of the league's highest honours when he was named coach of the year. He got the news from his own high school basketball coach during an interview.\nEven with all of the accolades, he still gets teased about his wardrobe choices and has his high fives ignored by players.\nThe Raptors' season might be over, but they'll be back next year with Nurse at the helm.