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Texas Tech extends partnership with Under Armour

LUBBOCK, TX - OCTOBER 31:Under Armour football cleats worn by the Texas Tech Red Raiders during the game between the Texas Tech Red Raiders and the Oklahoma State Cowboys on October 31, 2015 at Jones AT&T Stadium in Lubbock, Texas. Oklahoma State defeated Texas Tech 70-53. (Photo by John Weast/Getty Images)

The Texas Tech athletic department has extended its apparel sponsorship deal with Under Armour despite the fact that UA is experiencing some serious financial woes.

It will be at least four more years for the partnership between the Texas Tech athletic department and Under Armour. We learned on Thursday that the two entities have agreed on a contract extension through 2024 which will pay the school $12.