Texas Tech coach Joey McGuire got a new six-year contract and a raise after leading the Red Raiders to their first Big 12 championship record since their 2009 debut.
The $26.6 million six-year deal announced Wednesday increases by $100,000 per year, peaking at $4.6 million in its final season in 2028. This does not include performance bonuses.
The contract was announced the day Texas Tech played Mississippi in the Texas Bowl. It’s worth about $1 million more than the deal McGuire signed a year ago.
The Red Raiders are 7-5 in the regular season and 5-4 in the Big 12, their first winning record since going 5-3 in 2009, their final season under the late Mike Leach . McGuire is the first college head coach and the fourth Texas Tech head coach after Leach.
The first Texas Tech coach to beat Texas and Oklahoma in the same season, McGuire and the Red Raiders finished the regular season with three straight wins for the first time since 1995.
“I firmly believe our best days are ahead and Coach McGuire will be in charge of our football program,” athletic director Kirby Hockat said. “It’s clear throughout the football season that he and his staff are building a culture that will benefit the program for years to come.”
McGuire, who has been in Texas all his life, won three Texas high school championships and spent his first five seasons as an assistant coach at Baylor, succeeds Matt Wells, who was fired midway through his third season last year.
“We firmly believe that the success our team has had this season is the standard for the future,” McGuire said.
AP College Football: https://apnews.com/hub/college-football and https://twitter.com/ap_top25. Sign up for the AP’s college football newsletter: https://tinyurl.com/mrxhe6f2