Chris Beard, a well-known collegiate basketball coach, has a dynamic career with substantial financial achievements. As of 2025, he serves as the head men’s basketball coach at the University of Mississippi, bringing with him a plethora of experience and a proven track record of success.
But what is his contract, and what does he get paid? Let’s take a look at the Ole Miss basketball coach’s financial details.
Chris Beard’s Salary & Contract
Chris Beard signed a contract with Ole Miss in March 2023 that pays $3.25 million per year, with a $100K increment each year after that. His salary is expected to reach $3.45 million next season.
In addition, the deal includes performance-based incentives, such as bonuses for winning the SEC regular season and the national title. Beard is also entitled to a $400K retention incentive if he remains under contract until May 1, 2026.
Before joining Ole Miss, Beard was the head coach at the University of Texas. In April 2021, he signed a seven-year, $35 million contract with an average of $5 million per year.
The appointment came after a successful stint at Texas Tech, where he received a six-year extension worth more than $4.5 million per year in April 2019, making him one of the highest-paid coaches in college basketball at the time.
Chris Beard’s Net Worth
Beard’s net worth is expected to fall between $8 million and $10 million. This enormous income is mostly derived from his coaching profession, which commenced in the early 1990s. In his career, Beard has signed multiple deals with various universities, earning substantial salaries.
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By January 2024, his career earnings were estimated to be at $25.73 million. While specifics of endorsement deals or sponsorships are not widely known, his consistent pay increases and performance-based bonuses have significantly raised his net worth.
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