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Texas Tech coach Chris Beard takes cut in base salary for ‘dream job’

Chris Beard and Director of Athletics Kirby Hocutt signed Beard's contract to become Texas Tech's men's basketball coach one day before the program's former associate head coach was introduced in front of a crowd at United Supermarkets Arena.

The five-year deal became official following a signature from interim president John Opperman less than a week later.

Here are three takeaways from Beard's contract with Texas Tech.

1. Smaller base salary.

Beard's five-year contract began on April 18, 2016 at a base salary of $286,905, according to information obtained under the Texas Public Information Act.