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After what many has deemed as the best season in Texas Tech basketball history, Kirby Hocutt made sure that his star head coach would not be going anywhere in the near future.
Texas Tech has agreed to a new 6-year deal with Chris Beard, sources told ESPN. Beard is the Big 12 Co-Coach of the Year and a candidate for the National Coach of the Year.
— Jeff Goodman (@GoodmanESPN) March 5, 2018
As the season went on, there was speculation that a bigger program in need of a coach could come and pry him away. With the FBI investigation going on, there is definitely a chance to have a program like Arizona or Maryland let go of their current coaches, which would make a hot coach like Chris Beard ripe for the picking. Not to mention, that coach Beard’s alma mater the Texas Longhorns haven’t exactly had the most successful tenure with Shaka Smart. This move to extend Beard makes these scenarios much more slim.
Beard was previously the second lowest paid head coach in the Big 12, which couldn’t have sat well for much longer. This extension will for sure come with a pay increase and money making incentives. Also will likely come with a high buyout tag in case any team like the Longhorns try to pry him away. More details will be sure to come.
UPDATE:
Some more contract details: This contract will have him starting out at 2.8 million next year and increasing till 2024. Virtually doubling his current salary. https://t.co/vS5wVSz26j
— Viva the Contenders ⚾️ (@vivathematadors) March 5, 2018
What are your thoughts on this extension? Comment below.