Texas Tech, McGuire agree to new six-year contract
HUSTON – Texas Tech and head football coach Joey McGuire have agreed to a new six-year contract that will increase his annual compensation and keep him in charge of the Red Raiders through the 2028 season.
Under the terms of the six-year, $26.6 million deal, McGuire will receive a $100,000 annual raise in his annual compensation, rising to $4.6 million for the 2028 campaign, which does not include various performance bonuses. The contract is worth roughly $1 million more annually than McGuire’s original deal and has been approved by the Texas Tech University System Board of Regents.
“I firmly believe that our best days are yet to come with Coach McGuire at the helm of our football program,” said Director of Athletics Kirby Hocutt. “It was evident throughout this football season that he and his staff are building a culture that will benefit this program for years to come. Coach McGuire will be the first to tell you that his goal is not to play in just one bowl game, but win championships and I believe we are on that path under his direction.”
In just his first season, McGuire led the Red Raiders to one of their most memorable years in recent memory, capped by wins over Texas and Oklahoma and the most wins in the Big 12 since 2009. Texas Tech (7 -5; 5-4 ) ended the regular season with three straight wins for the first time since 1995 and will face Ole Miss later Wednesday night in the TaxAct Texas Bowl from NRG Stadium in Houston.
Off the field, McGuire has reinvigorated Texas Tech’s passionate fan base with a consensus top-25 recruiting class that signed just a week ago. Texas Tech also posted its best all-time semester with a 3.13 team GPA this fall as the Red Raiders boast 27 players on their TaxAct Texas Bowl roster who have already earned their college degrees.
“I am fortunate to have the support of an outstanding administration here at Texas Tech with President (Lawrence) Schovanec and the best athletics director in the country in Kirby Hocutt,” McGuire said. “We strongly believe that the success our team has experienced this season is the benchmark for what is yet to come. Our entire family cannot thank Red Raider Nation enough for their passionate support that is unmatched in college football.”
Kickoff between Texas Tech and Ole Miss is scheduled for 8:05 PM CT Wednesday night at NRG Stadium. Coverage will be provided nationally via ESPN, ESPN Radio and the Texas Tech Sports Network.