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methomps;1410928; said:The regents have called a meeting friday about Leach and could possibly fire him if he doesn't sign a 5-year extension.
Leach, Texas Tech agree on new deal after months of negotiations
LUBBOCK, Texas (AP) -- Texas Tech and coach Mike Leach agreed Thursday on a new contract after months of contentious negotiations.
Leach signed the contract shortly after he and Kent Hance, the university's chancellor, met for about two hours Thursday afternoon to hammer out an agreement. Hance said the negotiating part lasted only about 15 minutes.
"Me and my family are thrilled to death that we're going to be in Lubbock for another five years," Leach said at an evening news conference. "I appreciate Chancellor Hance and Gerald (Myers') efforts to allow us to
stay here and the opportunity to be here to coach the Red Raiders for many years to come."
Weeks ago, Leach and Tech essentially settled on the financial terms of a five-year, $12.7 million deal. But Leach took issue with several clauses the school added when the sides were trading proposals. The provision that bothered Leach the most would have triggered his firing and a $1.5 million penalty if he interviewed for another job without getting permission from Myers, the athletic director. Leach's existing contract had no such restriction.
Cont'd ...
BuckeyeMac;1413099; said:I wonder if one of those new clauses TT put in the contract at the end were that they needed to run more than 8 plays and Leach wasn't happy about that. I'd be surprised if he lasted there the next 3 years.