LUBBOCK, Texas -- Texas Tech coach Mike Leach missed another deadline Tuesday to accept a contract extension and now the school's board of regents will meet Friday to discuss his job.
Leach said he's happy to coach the remaining two years of his current contract, which pays $2.65 million next season and $2.35 million in 2010.
"It's well documented that we want to be at Texas Tech for years to come. Our results have been positive and I have no regrets whatsoever. We're very excited about the future of the program. We had a strong recruiting class. We've won more bowl games and had the best season in the history of Texas Tech. I'm trying to focus on my job," Leach told ESPN's Joe Schad.
Leach and Texas Tech have essentially agreed on the financial terms of a new five-year deal that would average $2.54 million annually, but negotiations hung up on several clauses.
The provision that bothers Leach most is one that would trigger his firing and a $1.5 million penalty if he interviews for another job without athletic director Gerald Myers' permission. Leach's current deal has no such restriction.
"I don't have to have hall passes on this one," Leach told The Associated Press during an interview near his office a few hours before a deadline to accept what Myers said was a "last and final offer" that would be pulled off the table.
