A familiar face is back to Vitoria, as Laboral Kutxa reached an agreement with head coach Velimir Perasovic to work together next season, the club announced Saturday. Laboral keeps an option to extend his contract until the end of the 2016-17 season. Perasovic, age 50, was cut by Valencia Basket last season. He has helped Valencia win the Eurocup title in 2014, reaching the title game in 2012. He already coached Laboral for almost two seasons, helping it reach the Euroleague Final Four in 2007. He won the Copa del Rey title and took the club all the way to the Spanish League finals in 2006 . Perasovic, a three-time Euroleague champion with Split as a player, also led Laboral - then called Taugres - to lift the Saporta Cup trophy in 1996. He has also coached Caja San Fernando and Estudiantes in Spain, Cibona Zagreb in Croatia and Efes Pilsen in Turkey. He helped Cibona win back-to-back Croatian League titles in 2009 and 2010, lifting the Kresimir Cosic Cup trophy and reaching the Adriatic League final in 2009. His highlights as a player also include a Copa del Rey title with Taugres in 1995, four consecutive Yugoslavian League crowns with Split from 1988 to 1991, back-to-back gold medals with Yugoslavia at the 1990 FIBA World Cup and EuroBasket 1991 and an olympic gold medal with Croatia in 1992. Perasovic replaces Ibon Navarro, who has been offered a three-year deal an assistant coach.