Texas Tech and head coach Joey McGuire agreed Tuesday on a new seven-year contract that takes him through the 2032 season and raises his salary.

McGuire’s average annual salary will jump to nearly $7 million per year, and he’ll be earning more than $7 million by the end of the contract plus incentives, Yahoo and ESPN reported.

Texas Tech confirmed the length of the deal and the presence of a raise but not the specific financial terms.

McGuire, 54, has guided the fourth-ranked Red Raiders to an 11-1 record and a berth in the Big 12 championship game against No. 11 BYU. Texas Tech, which was seeded No. 4 when the College Football Playoff committee released the latest rankings on Tuesday, is seen as a virtual lock for its first CFP playoff berth regardless of whether it wins the conference

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