This pay raise and extension comes after he won the AP Coach of the Year Award, which was given to him before his team's Final Four run. It was the program's first Final Four appearance, and came one season after they reached the Elite Eight in 2018.
It was a slower start for Beard in his tenure with the Red Raiders, going 18-14 in his first season with them back in the 2016-2017 campaign. Since then, they have gone 58-17 overall, including 8-2 in the NCAA Tournament. This is the 46-year-old's second stint in the Texas Tech program, as he also spent 10 seasons as Bob Knight's assistant in Lubbock from 2001 to 2011. After another deep run with the Red Raiders, he has reportedly been added in the running for multiple coaching vacancies, but he claims to have never had a thought of leaving Texas Tech.