Texas Tech, Chris Beard agree to 6-year, $27.45M deal

Texas Tech males’s basketball coach Chris Beard, who this season led the Purple Raiders to their first look within the nationwide championship recreation, has agreed to a brand new six-year contract that may make him one of many nation’s highest paid coaches, the college announced Monday.

The brand new deal runs by the 2024-25 season and can pay Beard a median of $4.575 million yearly.

The typical annual worth of the contract places Beard behind solely Kentucky’s John Calipari, Duke’s Mike Krzyzewski and Michigan State’s Tom Izzo, in accordance with the latest USA Today coaches salary database.

“Thanks to our gamers and employees, each former and present, on your dedication to successful. … Collectively now we have completed some nice issues previously three years, however we’re not happy and can proceed working tirelessly to construct probably the greatest faculty basketball packages within the nation,” Beard mentioned in a press release.

Beard has a 76-31 document in three seasons at Texas Tech, together with 31-7 in 2018-19, the winningest mark in program historical past. The Purple Raiders’ season ended with an 85-77 loss to Virginia within the nationwide title recreation.

“In solely three years, Chris Beard has elevated Texas Tech to the higher echelon of faculty basketball,” athletic director Kirby Hocutt mentioned. “The 2018 Elite Eight, and this 12 months’s look within the nationwide championship recreation has raised the whole profile of Texas Tech athletics and is a supply of nice satisfaction for all Purple Raiders. I’m appreciative of the continued loyalty and private dedication that Chris has made to proceed to guide our program into the long run. … I couldn’t be extra excited that by varied assets, now we have been in a position to make investments into our basketball program at one of many highest ranges within the nation.”

Unranked and picked to complete seventh within the Large 12 preseason ballot this season, the Purple Raiders received a share of the convention regular-season championship with Kansas State at 14-4, ending Kansas’ 14-year stranglehold on the regular-season title. Helped by a 17-1 residence mark, Texas Tech completed the common season ranked No. 7 in The AP ballot earlier than advancing to the Ultimate 4 within the 2019 NCAA Match.

It marked the second season in a row Texas Tech reached not less than the Elite Eight as Beard has led the Purple Raiders to an astounding 8-2 document within the NCAA Match the previous two seasons.

In 4 seasons as a Division I head coach, he’s 106-36, going 30-5 at Little Rock in 2015-16 earlier than being named the pinnacle coach at Texas Tech on April 15, 2016.

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