Texas Tech offers $25,000 NIL contracts, marks largest team-wide deals
July 19, 2022
Texas Tech has a collective promising to sign all its scholarship players and walk-ons to a $25,000 name, image, and likeness (NIL) contract.
The group, which is called the Matador Club, is composed of five Texas Tech graduates. It's planning on signing around 100 players for the upcoming season consisting of 15 walk-ons and 85 scholarship players. According to Cody Campbell, a founding member of the collective, over a thousand people have donated to the cause.
The group's goal is to provide the best possible support for the program, which is why it's not only promising to pay the players but also plans on supporting the entire team. According to Campbell, the collective members are not restricted from participating in other NIL activities.
"You see some of them paying large amounts to individual players. You see others doing different things. But what we want to do, really, is support the entire program. This is kind of a base salary for the guys. They're not going to be restricted from doing any other NIL stuff with anybody else. In fact, we're going to encourage and help them to do that," Campbell told the Lubbock Avalanche-Journal.
Biggest deals in college football
The collective contract these players are signing is considered one of the biggest deals in college football. For instance, last year, the players of Miami were offered $500 a month by a local fitness center. Also, walk-on players of Brigham Young received a scholarship worth $1,000 from a protein bar manufacturer. Texas also reportedly offered $50,000 to offensive line players through a supposed charity project called "Horns with Heart."
The offer from Texas Tech is considered one of the biggest in the country due to the amount of money involved. Besides being paid, the players are also expected to perform community service in various areas in West Texas.
This charitable act was revealed just days after the university unveiled its plans to spend $200 million on improving its football facilities. One of the projects included the construction of an end zone complex.
The Matador Club claimed that it consulted an NCAA attorney regarding the rules and guidelines of its collective. However, the organization's bylaws on the involvement of boosters and compensation have not been thoroughly tested during the first year of the NIL.
During an interview, Campbell maintained that the group would not violate the rules regarding recruiting. He also stated that the university's recruiting efforts would be successful once the players receive the $25,000. He also claimed that the amount of money the group offers would make the school's recruitment efforts known.
"Now, I'm certain that when every player on our roster gets $25,000, it's going to become known that Texas Tech has a good NIL program that'll be appealing to recruits, but we're not going to make any promises on the front end. We're not going to break any rules," said the founding member.
First-year Texas Tech coach Joe McGuire has managed to land some of the country's top recruits during his first recruiting campaign. Despite being ranked 16th in the country, Texas Tech managed to secure the services of 23 players. One of the players who has already signed with the university is Isaiah Crawford, a linebacker from Texas.