On Monday, the Texas Tech Red Raiders announced a new six-year contract for head coach Chris Beard that will pay the rising star $27.45 million, making him one of the highest-paid coaches in college basketball.
The contract extension comes on the heels of an appearance in the national championship game earlier in April that saw the Red Raiders fall in overtime to the Cavaliers. The loss marked the high water mark for Texas Tech basketball following the program’s first Elite Eight appearance last season. After only three seasons, Beard is the most successful coach in program history, if not the best.