Basketball

Texas Tech and Chris Beard Agree to Contract Extension, Through 2024-25 Season

It’s a lot of money.

Texas Tech and head basketball coach Chris Beard have agreed to a contract extension that will keep Beard as the head coach through the 2024-25 season. Beard will average $4.575 million annually, which would put Beard as the third highest paid coach in the country, behind Kentucky’s John Calipari who makes $9,276,643 and Duke’s Mike Krzyewski who makes $7,048,206.

From Beard:

“Thank you to President Schovanec, Kirby Hocutt, Tony Hernandez, Chancellor Mitchell and the Board of Regents for making this strong commitment to both me and our men’s basketball program,” Beard said. “Thank you to our players and staff, both former and current, for your commitment to winning. Special thanks to our fans and our students for your incredible support and passion. Together we have accomplished some great things in the past three years but we are not satisfied and will continue working tirelessly to build one of the best college basketball programs in the nation.”

Texas Tech Athletics Director Kirby Hocutt:

“In only three years, Chris Beard has elevated Texas Tech to the upper echelon of college basketball,” Director of Athletics Kirby Hocutt said. “The 2018 Elite Eight, and this year’s appearance in the National Championship game has raised the entire profile of Texas Tech Athletics and is a source of great pride for all Red Raiders. I am appreciative of the continued loyalty and personal commitment that Chris has made to continue to lead our program into the future. He is widely respected as one of the best coaches in the nation and I could not be more excited that through various resources, we have been able to invest into our basketball program at one of the highest levels in the nation.”

Let’s go!

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