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TE
Big 12🛡️ Moderate Stability (3/5)

Joey McGuire

Head Football Coach Texas Tech (Red Raiders)

Current Buyout Owed (Today)
$9,940,761
75 months remaining (2298 days)
Annual Salary
$4,554,960
Base + Supplemental Talent
Contract Expires
2032-12-31
Hired: 2021-11-08
Coach Leaves Buyout
$2,500,000
Owed if leaving for NFL / Rival
Daily Amortization
$10,600
Buyout drops each day
University Firing Coach (Without Cause)

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.)

Payment Structure:Annual Installments
Duty to Mitigate (Offsets):No (Guaranteed regardless of new job)
Total Remaining Unearned Salary:$28,657,900
Coach Departs Voluntarily (Poaching Clause)

Coach / Hiring School Owes: $2,500,000

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.

Departure Fee:$2,500,000
School Retention Leverage:Standard College Buyout
Coaching Stance & Contractual Security

Job Stability vs. The Hot Seat

How Our Two-Axis Model Works
0/5 Votes

Pending Fan Consensus

Tension Rating: Stability (3/5) • Hot Seat (Pending)

Contract Job Stability is rated Moderate Stability. Awaiting 5 more community vote(s) to officially establish the Hot Seat alignment.

Contract Job Stability
Level 3 / 5
Moderate Stability
Standard Contract Terms$9,940,761 Buyout Firewall

Standard Power Four buyout structure; financially painful but manageable with coordinated athletic department support.

Contract Safeguard: 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.)
Mitigation Duty: None (fully guaranteed sum)
The Hot Seat (Community Consensus)
Consensus Building
Consensus Building0 / 5 Votes

Hot Seat score requires at least 5 votes to show, only 0 votes cast so far.

5 more votes needed to unlock public heat score. Cast your vote below!

Interactive Amortization Simulator for Joey McGuire

Interactive Financial Modeler

Simulate Termination Date & Buyout Cost

See how contract amortization, date milestones, and mitigation clauses reduce buyout liability over time.

TE
Texas TechBig 12 • Contract thru 2032-12-31
Annual Salary
$4,554,960
Current Buyout (Today)
$9,940,761
Selected Date: 2026-09-16 (2298 days remaining on contract)
Or pick any exact date:
Buyout Owed on 2026-09-16
$9,940,761
Official USA Today Verified Buyout
Savings by Delaying to This Date
$0
Natural amortization saves $10,600 / day
If Coach Leaves Voluntarily
$2,500,000
Amount coach / hiring team owes Texas Tech

Duty to Mitigate (New Job Offset Analysis)

No Mitigation Required (Full Guarantee)
Important: Joey McGuire's contract does not mandate an affirmative duty to mitigate. Even if he takes another job paying millions tomorrow, Texas Tech is legally obligated to continue paying the full buyout amount with zero offset!

Contract Calculation Formula:

USA Today FOIA benchmark: $9,940,761. Salary reset to October 2025 baseline due to lack of direct textual evidence in proposed sources to substantiate the $7M figure.

💡 By waiting 6 months, natural salary amortization reduces buyout liability by ~$1.94M.

Key Contractual Stipulations
  • Multi-year extension through 2032
  • Performance-based bonus structure
  • Standard termination buyout provisions

Salary reset to October 2025 baseline due to lack of direct textual evidence in proposed sources to substantiate the $7M figure.

Source & Public Records Citations

Verified Public & News Reference Sources (1):

Texas Tech Head Coach Contract TermsTexas Tech Athletics Official Records • 2026-09-13
View Source

FOIA Verified: As an arm of state government, Texas Tech releases employment agreements and board-approved amendments under public records legislation.