Chris Beard was announced to be the new head coach at Ole Miss on Monday, March 13. The school made the hire after letting go of Kermit Davis earlier this season.

Beard, of course, was fired from Texas earlier this year following a domestic family violence charge that stemmed from a Dec. 12 incident involving his fiancée. The case was dropped by a local district attorney, but Texas made the call to part ways regardless.

On Tuesday, Beard’s initial contract details were revealed by Ole Miss beat writer Jake Thompson. According to the report, Beard’s starting pay will be $3.25 million per year, increasing by $100,000 with each new season.

You can find that and incentive details below:

Is this a good hire for Ole Miss?

Because of the situation, the Rebels are getting Beard at a good price considering his coaching resume. Beard made just south of $5 million a year at Texas.

His character could be debated, but it’s difficult to argue his against success on the court. He took Texas Tech to the national championship game in 2019, also leading the Red Raiders to the Elite 8 the year prior. He has not been past the 2nd round since taking the Raiders to the title game, but his ability to recruit at a high level can make Ole Miss a strong team in the SEC sooner rather than later.

Let’s see if the hire works out.