LUBBOCK, Texas (AP) Texas Tech has made Chris Beard one of the nation's top-paid coaches in college basketball after he led the Red Raiders to their first national championship game.

Beard, the AP national coach of the year, got a new contract Monday that will pay him an average of $4.575 million annually through the 2024-25 season.

"In only three years, Chris Beard has elevated Texas Tech to the upper echelon of college basketball," athletic director Kirby Hocutt said. "The 2018 Elite Eight, and this year's appearance in the national championship game has raised the entire profile of Texas Tech athletics and is a source of great pride for all Red Raiders."