BREAKING: Chris Beard Commits to Ole Miss, Turns Down Massive $7.5M Offer from Texas A&M
In a dramatic twist that stunned the college basketball world, Ole Miss head coach Chris Beard has agreed to a new long-term contract to remain in Oxford, turning down a reported $7.5 million annual offer from Texas A&M. The decision solidifies Beard’s commitment to the Rebels and signals his long-term vision for building a powerhouse in the Southeastern Conference.
Texas A&M, who recently parted ways with head coach Buzz Williams, aggressively pursued Beard in hopes of luring the proven winner to College Station. Sources confirm that the Aggies were prepared to make Beard one of the highest-paid coaches in the nation, offering a deal that would have rivaled the likes of John Calipari and Bill Self. But in the end, Beard chose stability, unfinished business, and the program he’s begun to mold into a contender.
Beard released a brief statement following the announcement:
> “Ole Miss took a chance on me, and I believe in what we’re building here. Our players, staff, and fans have created something special, and I’m honored to continue leading this program.”
The new contract, while financial details remain undisclosed, is said to include a significant raise, expanded resources for assistant coaches and recruiting, and a commitment from the university to continued facility upgrades. Ole Miss athletic director Keith Carter praised Beard’s leadership and reaffirmed the university’s faith in his vision.
> “Chris has brought an elite culture to Ole Miss Basketball,” Carter said. “This extension reflects our shared commitment to winning championships, doing it the right way, and competing with the very best in the country.”
Beard, who took over at Ole Miss ahead of the 2023–24 season, immediately turned heads with a disciplined, defensive-minded team that far outperformed expectations. The Rebels showed glimpses of greatness, pulling off key SEC wins and narrowly missing the NCAA Tournament. With a top-15 recruiting class incoming and several key players returning, many believe the Rebels are on the cusp of a breakout season.
Turning down Texas A&M’s lucrative offer may seem surprising to some, but Beard has long been known for loyalty when he finds the right fit. Despite the Aggies’ deep pockets and the chance to coach in his home state of Texas again, Beard prioritized continuity and the relationships he’s cultivated in Oxford.
This decision also sends a strong message to the college basketball landscape: Ole Miss is serious about becoming a national player. Retaining a coach of Beard’s caliber—especially in the face of a major financial challenge—is a statement of intent.
For Texas A&M, the search continues, but they now must reset their strategy after missing their top target.
As the dust settles, one thing is clear: Chris Beard is all-in on Ole Miss. And with him at the helm, the Rebels are poised to rise.