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UPDATE: More details on Chris Beard's new contract

A. Dickens

Jedi Master
Staff
Jan 20, 2004
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USA Today's Steve Berkowitz apparently has a copy of Chris Beard's new contract and has been tweeting details about the new deal.

Highlights from Berkowitz's reporting:

- Beard's annual pay will start at $2.8 million next season and increase by $100,000 every year.

- Texas Tech will pay Beard a $750,000 retention bonus if he is the program's head coach on Sept. 1, 2020.

- The university is on the hook for 80 percent (currently more than $12 million) of the remaining compensation if it fires Beard without cause.
 
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