At his age and after only one year, I doubt it. This feels like a last stop for him.
He's really not that old. He's 58. Coach K is 69. Roy Williams is 65. Boeheim is 71. Lute Olsen coached until 73. Calipari is 57.
It would be a knock against him, but it'd be pretty reasonable to expect another six seasons from him and he's probably as close to a sure thing as you can get. A pessimistic view is he comes in, he takes two years to build, then you get four good years and you're program is in a very desirable place to make a new hire. I suspect he's going to be a guy that will try to coach until he's 70 though.
ETA: Jim Calhoun is another coach that coached until 70.