Our concerns Texas would hire Chris Beard away from Texas Tech have formed into reality.
BREAKING: Texas is hiring Texas Tech coach Chris Beard, source told @Stadium.— Jeff Goodman (@GoodmanHoops) April 1, 2021
We knew yesterday Longhorn officials were scheduled to meet with Beard today, and we knew some of the priorities Beard had in mind. It was always a possibility Texas would make the move today, when his buyout was reduced significantly.
Hearing from some of my sources UT is going to meet with Beard tomorrow. Three things he's concerned about:— Viva the Matadors (@vivathematadors) March 31, 2021
1. Will he get the freedom he has in Lubbock
2. Wants more info on new arena, practice facility and usage (UT doesn't own the arena)
3. Will they pay him more than Sark
Obviously this is devastating news for Tech basketball fans. Beard led this program to heights no one knew could be reached. Now, he goes to the Red Raiders’ biggest rival.
Beard’s new contract is reported to be good for seven years and $35 million - just $200,000 less than the Longhorns are paying new head coach Steve Sarkisian.
The news comes as Roy Williams announces his retirement. Some were concerned Beard would pass on Texas and go after the North Carolina job, but those rumors quickly dispelled moments later when Goodman broke the Texas news.
The repercussions of the move are catastrophic. Finding someone half as good as Beard to run the Tech basketball program is a challenge in itself, let alone the immediate effects of possible transfers and draft declarations.
We’ll have more info throughout the day - stay tuned, and keep your heads up, Red Raider fans.