Coaching tree Chris Beard comes from the Bobby Knight coaching tree. Beard's latest contract with Tech has a $3 million buyout clause for schools in 49 states. "It's been a whirlwind of a day," Beard said in a statement released by Texas. Chris Beard is an American basketball coach who currently stands as the head men's basketball coach at the University of Texas at Austin. By bolting to Austin, its seems Beard left some rough feelings out on the high plains of the Lone Star State. "Thank you to President Schovanec, Kirby . Chuck Carlton (@ChuckCarltonDMN) March. Texas Tech coach Chris Beard ranks in the top-30 highest paid coaches in the country with a $2.8 million salary, per USA Today. Texas Tech announced in 2018 that Beard signed a six-year contract . Texas Tech coach Chris Beard during his introductory conference at United Supermarkets Arena. And they're paying him a pretty penny for his. Texas Tech head coach Chris Beard exhorts his troops as Texas Tech Red Raiders . The contract starts at a base salary of $5 million across all seven seasons. Texas Tech Director of Athletics Kirby Hocutt and Men's Basketball Head Coach Chris Beard have agreed on a new six-year contract announced Monday. 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. Robert Deutsch-USA TODAY Sports 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. It's technically a raise, sure, but Chris Beard made just shy of $4.9 million in 2021. He was due to make a base salary of $4.4M in. And they're paying him a pretty penny for his . According to 247Sports, Beard's contract with the Longhorns is for seven years and worth a staggering $35 million. The Red Raiders went 19-13 this past season and returned to the NCAA tournament . Beard served as an associate head coach at Texas Tech from 2001 to 2011, primarily under Hall of Famer Bob Knight. At first glance, that's a $600,000 raise for Beard, who was scheduled to make $4.4 million at Texas Tech in base salary in 2021-22. . Christopher Reinhard, ESQ, MBA, MLO Corporate Transactional Attorney at Cranfill Sumner LLP Raleigh, North Carolina, United States 492 connections Beard was paid $5.1M this past season by Texas Tech with a base salary of $4.3M plus incentives. Chris Beard Has Turned Texas Tech into a National Powerhouse. Hiring Beard next offseason would cost the Longhorns $16.5 million. It's technically a raise, sure, but Chris Beard made just shy of $4.9 million in 2021. TEXAS SPORTS NATION: Ranking. That drops to $4 million on April 1. Beard's contract was obtained through an open records request under the Texas Public Information Act. LUBBOCK, Texas - Texas Tech head basketball coach Chris Beard has signed a new six-year contract through the 2024-25 season. Beard's buyout in his Texas Tech contract dropped from $5 million to $4 million on April 1, making Wednesday the right day for the deal to come together. April 1 was the magic date for the deal to be done: Beard's buyout on his contract reportedly dropped by $1 million. Salary: Texas and Beard wasted little time agreeing to a deal. Texas Tech and head coach Chris Beard have reportedly agreed to a new six-year deal, according to Stadium's Jeff Goodman. Tech's contract with its new coach lists several incentives, including a bonus for achieving a team GPA of at least 2.65 or better. Contract. . Chris beard has turned texas tech into a national powerhouse in three short seasons, chris beard has made the texas tech red raiders a team to be reckoned with not just in the big 12 but all over the nation. 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. The contract calls for Beard to earn a base salary of $5 million in each year of the deal, plus incentives, and is "about 70 percent guaranteed," the source said.. Salary. Apr 3, 2021 The Texas Longhorns have officially agreed to a deal with their new head coach, Chris Beard, to a 7-year $35 million contract, locking him in as the team's new head coach. It's technically a raise, sure, but chris beard made just shy of $4.9 million in 2021. . . Beard's new contract will go through the 2024-2025 season and will average $4.575 million annually. AUSTIN, Texas Texas snatched Chris Beard away from Big 12 rival Texas Tech to revive a men's basketball program starved for postseason success. Personal life Beard has three daughters. If he leaves for any school in Texas or another Big 12 school, however, it will cost $6 million to get . The Texas Longhorns made arguably the biggest coaching signing of 2021, prying two-time Big 12 Coach of the Year Chris Beard from rival Texas Tech. Beard also will receive amounts of at least $1 million for 'rights to Coach's Outside Athletics Related Income,' beginning with $1,051,984 next season, rising to $1.5 million in 2021. Chris beard has turned texas tech into a national powerhouse in three short seasons, chris beard has made the texas tech red raiders a team to be reckoned with not just in the big 12 but all over the nation. "Thank you to President Schovanec, Kirby . Chris Beard has returned home after five seasons at Texas Tech. The Texas Longhorns made arguably the biggest coaching signing of 2021, prying two-time Big 12 Coach of the Year Chris Beard from rival Texas Tech. Christopher Michael Beard (born February 18, 1973) is an American basketball coach who is the head men's basketball coach at the University of Texas at Austin.He previously coached at Texas Tech, Little Rock, Angelo State, and McMurry.Beard graduated from high school from McCullough High School in The Woodlands, Texas.He was a manager at Texas under former Longhorns coach Tom Penders . Chris Beard has agreed to a seven-year, $35 million contract as the new basketball coach of the Texas Longhorns, a source close to the situation told Horns247. Beard has agreed to a contract worth a flat $5 million annually for the next seven seasons through March 2028, according to details posted in the UT regents' agenda book. As of 2021, Chris Beard's net . Beard spoke to his players and told Hocutt Thursday morning, April 1 at 10 a.m. April 1 was the deadline for Beard's contract buyout to drop to $4 million. Texas basketball coach Chris Beard is reportedly making a ton of money. Beard was paid $5.1M this past season by Texas Tech with a base salary of $4.3M plus incentives. At first glance, that's a $600,000 raise for Beard, who was scheduled to make $4.4 million at Texas Tech in base salary in 2021-22. According to TexasFootball.com's Shehan Jeyarajah, the deal is worth $27 . According to Stadium basketball analyst Jeff Goodman, Texas has hired Texas Tech's Chris Beard to be its next head coach. At Texas Tech he had an annual salary of $4.5 million per annum. Chris Beard Texas Tech Contract. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football) Roughly 70% of the contract is guaranteed, according to the same report. Chris Beard has signed a seven-year, $35 million contract as the new basketball coach of the Texas Longhorns. The contract calls for Beard to earn. LUBBOCK, TX (KCBD) - Texas Tech University and Men's Basketball Coach Chris Beard have reached a new six-year contract agreement, this after the Red Raiders made it to the NCAA National Championship Game. If he leaves for any school in Texas or another Big 12 school, however, it will cost $6 million to get . Beard is a graduate of the University of Texas and was a graduate assistant on Tommy Penders' staff . On April 29, 2019, Beard signed a six-year extension worth more than $4.5 million a season, becoming the third-highest-paid college basketball coach in the country. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football) Roughly 70% of the contract is guaranteed, according to the same report. The contract will average $4.575 million annually, making him one of the top paid basketball coaches in the nation after he guided the Red Raiders to the NCAA National Championship final this season and the Elite Eight last year. Contract. Texas basketball coach Chris Beard is reportedly making a ton of money. Beard's contract also includes bonuses for many in-season milestones including a top-three finish in Big 12 regular season play worth up to $425,000. The former Texas Tech head coach was making a base salary of $4.3 million in Lubbock, while Shaka Smart had. Beard's new contract will go through the 2024-2025 season and will average $4.575 million annually. Chris Beard, Texas Tech New contract: $4.57 million per year (Signed a 6-year, $27.45 million contract extension on April 29) Marcio Jose Sanchez/Associated Press Show More Show Less For those wondering, Chris Beard's buyout if he leaves Texas Tech for another Big 12 school is currently $5 million. The contract will pay Beard $19,050,000 over the next six seasons, locking him up through the 2023-24 season. April 2, 2021 12:38 pm CT. Texas made the coaching hire of the offseason on Thursday. To acquire his services, a $4 million buyout was paid and now, Beard's contract details have been released. Chris Beard Texas Tech Contract. Chris Beard has signed a seven-year, $35 million contract as the new basketball coach of the Texas Longhorns. The contract calls for Beard to earn a base salary of $5 million in each year of the deal, plus incentives, and is "about 70 percent guaranteed," the source said.. Salary. Beard's latest contract with Tech has a $3 million buyout clause for schools in 49 states. Texas Tech Athletic Director Kirby Hocutt held a press conference Thursday afternoon to. Beard's previous school, a one-time payment of $4 million to buy out his contract with the Red Raiders. "Texas Tech Basketball Coach Chris Beard's contract buyout dropped to a cool $4 million on Thursday, April 1 (4:1) and it appears it is not an April Fools Joke . On Monday, the Texas Tech Red Raiders announced a new six-year contract for head coach Chris Beard that will pay the rising star . Texas Tech have made a commitment to Chris Beard and their basketball program by signing him to a six-year contract. It was a six-day search for UT. Beard's full contract attached below. It's just under the $5.2 million that football coach Steve Sarkisian is scheduled to make this season. If given the chance, Beard's new Longhorns contract would have been matched by the Texas Tech brass. He is Texas born and . Beard, Texas Tech Agree to New Six-Year Contract April 29, 2019 LUBBOCK, Texas - Texas Tech head basketball coach Chris Beard has signed a new six-year contract through the 2024-25 season. Texas On April 1, 2021, Beard was hired as the 25th head coach at Texas. According to Chip Brown of Horns247, Beard's contract is for seven years and $35 million. Chris Beard has agreed to a seven-year, $35 million contract as the new basketball coach of the Texas Longhorns, a source close to the situation told Horns247. Beard's buyout at Tech if he left for another Big 12 school dropped from $5 million to $4 million on Thursday. LUBBOCK, TX (KCBD) - Texas Tech University and Men's Basketball Coach Chris Beard have reached a new six-year contract agreement, this after the Red Raiders made it to the NCAA National Championship Game. In three short seasons, Chris Beard has made the Texas Tech Red Raiders a team to be reckoned with not just in the Big 12 but all over the nation. The Texas Longhorns have officially agreed to a deal with their new head coach, Chris Beard, to a 7-year $35 million contract, locking him in as the team's new head coach. to his last contract at Tech, Beard was set to earn base He was due to make a base salary of $4.4M in 2021-22, $4.5M in 2022-23, $4.6M in 2023-24 and $4.7M . According to 247Sports, Beard's contract with the Longhorns is for seven years and worth a staggering $35 million. to his last contract at Tech, Beard was set to earn base 68 Texas Tech made Chris Beard the third-highest paid college basketball coach in the country when he agreed to a six-year, $27.45 million contract extension Monday. 4:37 PM on Apr 1, 2021 CDT This fall it became apparent that Chris Beard's time at Texas Tech was finite. The contract calls for Beard to earn . According to Chip Brown of Horns247, Beard's contract is for seven years and $35 . Hocutt admitted "frustration" and "disappointment" to see a Texas Tech coach take another job in the conference and in the same state. It's technically a raise, sure, but chris beard made just shy of $4.9 million in 2021. . Texas, as usual, can afford it, but was .