Big payday for Beard after Texas Tech's run to title game

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LUBBOCK, Texas (AP) - Texas Tech men's basketball coach Chris Beard has signed a new contract with an average annual salary of $4.575 million through the 2024-25 season after leading the Red Raiders to their first national championship game.

The deal was announced Monday, three weeks after the Big 12 co-champions lost in overtime to Virginia in the national title game.

It is the second year in a row that Beard, the AP national coach of the year, has been rewarded with a new contract. The Red Raiders won a school-record 31 games this season, a year after going to the NCAA Elite Eight for the first time.

Beard has a 76-31 record in three seasons as head coach of the Red Raiders.