New Orleans Hornets general manager Dell Demps has agreed to a new multiyear contract extension to remain with the club and see through the roster overhaul that he and coach Monty Williams have conducted in tandem during the past two seasons.

”We have a plan, working with coach Williams,” Demps said before Friday night’s tip-off against Oklahoma City. ”We want to achieve sustained success. We’ve got a young core right now. We want to see those guys grow and play together and we want to compete at the highest level.”

The Hornets announced the deal Friday but did not release terms of the contract. Hornets executive vice president Mickey Loomis says Demps ”has a bright future,” and that he and first-year owner Tom Benson ”couldn’t be more impressed” with the direction of the team.

Williams, who received a four-year extension running through 2015-16 last August, said it was important to him to have a GM in place with whom he felt he could work closely.

– Reported by Brett Martel of the Associated Press