The Terps added two transfers to an incoming class that now includes eight new players.
In interviews with The Diamondback, Frese and Benzan discussed their reactions to transfers, issues with the team and a lack of buy-in.
The deal gives Frese a raise on top of the six-year deal she signed under a year ago.
The AP Third-Team All-American was one of four players to leave the Terps via the transfer portal on Tuesday.
After battling injury and ailment, Owusu will leave the Terps following another loss in the Sweet 16.
The Terps were bounced from the NCAA Tournament in the Sweet Sixteen for the second straight year.
The Terps lost in the Sweet 16 for the second straight season.
The Terps are looking to avoid last season's exit in the Sweet 16 when they meet Stanford.
Miller and Owusu combined for 44 points in the Terps' win over Florida Gulf Coast in the second round of the NCAA tournament.
The Terps used another convincing third quarter to advance in the NCAA tournament.