After leading Texas Tech to a 7-5 record in year one, including wins over both Oklahoma and Texas, Red Raiders head coach Joey McGuire has been rewarded with a contract extension and raise just ahead of the Texas Bowl matchup with Ole Miss.
According to the terms of the new contract, which was announced in a press release, McGuire and Texas Tech have agreed to a new six-year deal that will keep him in Lubbock until 2028.
Under the terms of the six-year, $26.6 million agreement, McGuire will receive $100,000 annual increases in his yearly 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 agreement and has been approved by the Texas Tech University System Board of Regents.
“I firmly believe our best days are still ahead with Coach McGuire at the helm of our football program,” Athletic Director Kirby Hocutt said. “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 just play in a bowl game but to win championships, and I believe we are on that path under his direction.”
McGuire will get a chance at his eighth win of the season on Wednesday night against Ole Miss. The Red Raiders and Rebels will kickoff at around 8:05 p.m. CT (ESPN) at NRG Stadium in Houston.