Apparently they like Kliff Kingsbury at Texas Tech because the school is now paying him handsomely to stick around. The 35-year-old and his alma mater agreed to a contract extension on Friday that will keep him in Lubbock through 2020.
The guaranteed total base value of the contract is reportedly $24.2 million and including this season Texas Tech will pay Kingsbury an average of $3.5 million per season. He could earn as much as $1.5 million in bonuses each year, and the total max value of the contract is $34.7 million.
His base salary will make him the fourth-highest paid coach in the Big 12, behind Bob Stoops, Art Briles and Charlie Strong.
This is a pretty incredible deal for Kingsbury, who was in his first year as a collegiate head coach in 2013 and led his team to an 8-5 record. Before taking over for the departed Tommy Tuberville in December 2012, Kingsbury had been an assistant coach at Houston, before being promoted to co-offensive coordinator and quarterbacks coach.
He then followed Houston head coach Kevin Sumlin as he took the head job at Texas A&M. Kingsbury served as the offensive coordinator and quarterbacks coach for the Aggies in 2012 and was instrumental in the development of Johnny Manziel during his Heisman Trophy-winning season. Kingsbury was a finalist for the Broyles Award (which goes to the nation’s top coordinator) that year.
That was enough to convince Texas Tech to take a chance on him and he was initially rewarded with a five-year, $10.5 million contract as the youngest head coach of an AQ conference team.
While his team only finished 8-5 overall and just 4-5 in conference during his lone season in charge, clearly the administration at Texas Tech feels like it has a winner in Kingsbury. He’s a former star quarterback for the school and when his career was finished he held 39 school records, 13 Big 12 records and seven FBS records.
They are going all-in with him in hopes he can revive the program and have the same kind of success as a coach that he had under center.