MCGUIRE: Six year contract signed, $20.2 million total
LUBBOCK, Texas (KCBD) - New Head Coach Joey McGuire signed a six-year, $20.2 million contract to take up the Red Raider Football program, according to new details.
McGuire’s year one salary amounts to $3 million, with eligibility for up to $1 million a year in bonuses. A $250,000 retention bonus will be paid in May of 2025.
As far as staffing, McGuire will receive $4.8 million for an assistant coaching pool and $1.85 million for Strength and Support staff.
$250,000 were provided to pay McGuire’s buyout to Baylor University, where he previously served as an assistant coach.
McGuire will assume head coaching duties immediately following the 2021 football season.
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