Chris Beard, Texas Tech Agree to 6-Year, $27.45M Contract Extension

MINNEAPOLIS, MINNESOTA - APRIL 08:  Head coach Chris Beard of the Texas Tech Red Raiders reacts against the Virginia Cavaliers in the second half during the 2019 NCAA men's Final Four National Championship game at U.S. Bank Stadium on April 08, 2019 in Minneapolis, Minnesota. (Photo by Streeter Lecka/Getty Images)

Streeter Lecka/Getty Images

Texas Tech and men’s basketball coach Chris Beard agreed Monday on a six-year, $27.45 million contract that will keep him in Lubbock through 2024-25.

“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 in a statement. “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.”

Beard, 46, has posted a 76-31 record in three seasons at Texas Tech. He led the Red Raiders to an Elite Eight berth in 2018 and to the 2019 national championship game before losing to Virginia.

This article will be updated to provide more information on this story as it becomes available.

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