Texas Tech, Mike Leach reach agreement on contract extension

Texas Tech and Mike Leach have finally agreed to a contract extension after more than 10 months of negotiations, keeping the football coach at the school through 2013, a source with knowledge of the talks told The Dallas Morning News on Thursday.
Leach met with Tech chancellor Kent Hance for almost three hours Thursday afternoon and the two sides have agreed to Tech’s $12.7 million offer that will extend Leach’s current two-year deal three more seasons. The contract hasn’t been signed, but that could take place as early as Friday, the source said.