Posted by ESPN.com's Tim Griffin
Texas Tech and Mike Leach have agreed to a new five-year contract, a source in the Texas Tech office confirmed.
A news conference will be held in Lubbock at 6 p.m. to confirm the extension of the $12.7 million deal.
Obviously, we'll have much more as the night transpires. But it looks like Leach was able to stare down school officials and get the contract that he wanted only a day before a scheduled executive session that was set to determine his employment.