Texas Tech commit Felix Ojo is without doubt one of the first large winners within the revenue-sharing world that has now begun in faculty sports activities. As a part of his dedication to Texas Tech, the five-star offensive sort out recruit agreed to a three-year, $2.3 million revenue-sharing cope with the varsity, The Athletic reported.
Ojo’s deal is believed to be one of many largest revenue-sharing agreements between a college and a student-athlete because the approval of the Home v. NCAA settlement in June, which allowed colleges and student-athletes to conform to revenue-sharing offers beginning on July 1. The deal can pay Ojo $775,000 per 12 months, in line with The Athletic.
When information first broke about Ojo’s dedication, his agent, Derrick Shelby of Status Administration, informed ESPN that the revenue-sharing deal he acquired was price $5.1 million. Whereas that determine is not totally assured, Ojo’s revenue-sharing deal can climb to that quantity if there’s a big bounce within the cap colleges can spend on revenue-sharing offers with student-athletes, The Athletic added in its report.
Coming into the 2025-26 tutorial 12 months, colleges are allowed to spend roughly $20.5 million in revenue-sharing offers per 12 months throughout all sponsored sports activities. Nevertheless, that quantity is anticipated to extend on a yearly foundation.
Ojo cannot formally put pen to paper on his revenue-sharing settlement with Texas Tech simply but, although. Recruits cannot signal their revenue-sharing offers with colleges till the signing interval begins, which is Dec. 3 for FBS soccer. Scholar-athletes enrolled for the 2025-26 tutorial 12 months might start negotiating revenue-sharing offers with their present colleges beginning on July 1.
Nonetheless, Ojo will probably change into one of many richest gamers in faculty soccer, at the very least by means of income sharing, when he takes the sphere in 2026. To place his settlement in perspective, the entire potential worth of Ojo’s settlement ($5.1 million) could be equal to what a fourth-round choose within the 2025 NFL Draft would make over the totality of their rookie deal, per Spotrac. Ojo might truly make extra on a per-year foundation than these gamers as nicely, as NFL rookie offers are 4 years lengthy.
“Soccer is a brutal sport, and athletes are usually not capable of play professionally till their graduating class has been in faculty three years,” Shelby informed ESPN of Ojo’s deal. “It was vital to have the ability to safe Felix Ojo’s future and provides him and his household some safety as he continues to develop right into a first-round NFL draft choose.”
Previous to touchdown Ojo in a wealthy revenue-sharing deal, Texas Tech has made main monetary commitments in acquiring and securing student-athletes as of late within the identify, picture and likeness (NIL) period. Softball phenom NiJaree Canady has reportedly acquired two $1 million offers by means of Texas Tech’s NIL collective, reciting one to switch from Stanford in 2024 and incomes one other to stay with the varsity in June.
Basketball star JT Toppin additionally remained at Texas Tech following his All-American season in 2024-25 by reportedly signing a $3 million deal with the varsity’s NIL collective. That deal has made Toppin some of the useful gamers in all of faculty sports activities.
Texas Tech’s JT Toppin has been one of many greatest beneficiaries within the faculty’s monetary dedication to athletics. (Photograph by Mitchell Layton/Getty Photographs)
That spending has additionally carried into the soccer program. The Crimson Raiders spent greater than $10 million by means of their NIL collective to land 21 gamers within the switch portal this offseason, in line with The Athletic. Its switch portal class ranked because the second-best this offseason, through 247 Sports activities.
Ojo, who additionally had gives from and visited Michigan, Texas, Florida, Ohio State and others, headlines a 2026 recruiting class that at present ranks twenty sixth within the nation, through 247 Sports activities. He is at present 247 Sports activities’ fifth-best prospect within the Class of 2026 and is the very best recruit this system has ever landed, in line with the recruiting service.
Need nice tales delivered proper to your inbox? Create or log in to your FOX Sports activities account, comply with leagues, groups and gamers to obtain a customized e-newsletter day by day.
Get extra from Faculty Soccer Comply with your favorites to get details about video games, information and extra