Texas Tech is the first (but won't be the last) to give every football player a minimum of NIL money. All 100 players will get at least $25k/yr.
Source of the money: Matador Booster Club. Many schools will follow. Of course big names will get millions in NIL.
Maybe a few years down the road, there will be a system establishing a minimum pay requirement for each team to be Div 1 (kind of like MLB min salary limits).
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Source of the money: Matador Booster Club. Many schools will follow. Of course big names will get millions in NIL.
Maybe a few years down the road, there will be a system establishing a minimum pay requirement for each team to be Div 1 (kind of like MLB min salary limits).

Texas Tech football NIL deal, explained: 100 players to receive $25K each from Matador Club | Sporting News
The Red Raiders announced a massive collective NIL deal for its entire football team. The Sporting News looks into the deal, including how it fits into NCAA regulations, Texas state law and more: