Mike McCarthy isn't leaving the Packers sideline anytime soon.

The Packers announced Monday that they've signed McCarthy to a multi-year contract extension. ESPN's Rob Demovsky believes the extension will run through 2018.

McCarthy has 93 wins as Packers head coach, just five wins away from Vince Lombardi for second place in franchise history. Addressing the media Monday, McCarthy says he's simply not going to compare himself to Lombardi, saying instead that coaches like Lombardi and Curly Lambeau laid the foundation for the success McCarthy has enjoyed as Packers coach.

Since arriving in 2006, McCarthy has guided the Packers to six division titles and a Super Bowl win.

The Packers did some roster shuffling on Monday as well, releasing 2011 first round pick Derek Sherrod and activating injured center J.C. Tretter.

Sherrod, taken with the Packers first pick after winning the Super Bowl, started only one game in his Green Bay career, and missed two full years after breaking his leg in his rookie season.