Joey McGuire
Head Football Coach • Texas Tech (Red Raiders)
School Owes Coach: $9,940,761
Contract buyout as tracked by USA Today Sports: $9,940,761. (School Pay includes $250,000 retention payment for McGuire being Texas Tech's head coach as of May 1, 2025. This is the first of two such payments he can receive. He would get $250,000 if he remains head coach on May 1, 2027.)
Coach / Hiring School Owes: $5,000,000
If Joey McGuire accepts a position as head coach with another collegiate program or an NFL franchise prior to 2032-12-31, he or his new employer is legally bound to pay this liquidated departure penalty.
Job Stability vs. The Hot Seat
Pending Fan Consensus
Contract Job Stability is rated Moderate Stability. Awaiting 5 more community vote(s) to officially establish the Hot Seat alignment.
Standard Power Four buyout structure; financially painful but manageable with coordinated athletic department support.
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Interactive Amortization Simulator for Joey McGuire
Simulate Termination Date & Buyout Cost
See how contract amortization, date milestones, and mitigation clauses reduce buyout liability over time.
Duty to Mitigate (New Job Offset Analysis)
Contract Calculation Formula:
USA Today FOIA benchmark: $9,940,761. Verified update: annualSalary (4554960 -> 7000000) per 247Sports: https://247sports.com/college/texas-tech/article/joey-mcguire-texas-tech-red-raiders-college-football-new-contract-264485781/ | Verified update: coachLeavesBuyout (2500000 -> 5000000) per 247Sports: https://247sports.com/college/texas-tech/article/joey-mcguire-texas-tech-red-raiders-college-football-new-contract-264485781/. Salary updated based on December 2025 reporting of new contract terms. Buyout figures maintained from baseline as specific new buyout totals were not explicitly detailed in the provided snippet, though the coach leaves buyout was updated per proposed evidence.
💡 By waiting 6 months, natural salary amortization reduces buyout liability by ~$2.98M.
- •Incentive-laden compensation structure
- •Multi-year extension through 2032 season
- •Performance-based salary escalators
Verified update: annualSalary (4554960 -> 7000000) per 247Sports: https://247sports.com/college/texas-tech/article/joey-mcguire-texas-tech-red-raiders-college-football-new-contract-264485781/ | Verified update: coachLeavesBuyout (2500000 -> 5000000) per 247Sports: https://247sports.com/college/texas-tech/article/joey-mcguire-texas-tech-red-raiders-college-football-new-contract-264485781/. Salary updated based on December 2025 reporting of new contract terms. Buyout figures maintained from baseline as specific new buyout totals were not explicitly detailed in the provided snippet, though the coach leaves buyout was updated per proposed evidence.
Verified Public & News Reference Sources (1):
FOIA Verified: As an arm of state government, Texas Tech releases employment agreements and board-approved amendments under public records legislation.