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Monday, July 7, 2025

Inside the $5.1M College Football NIL Deal

Less than a week has passed since NCAA Division I schools could start directly paying players, and we’re already seeing historic deals across all sports. Five-star football offensive tackle Felix Ojo spurned offers from Texas and Ohio State to sign a historic, fully guaranteed three-year, $5.1 million revenue-sharing contract with Texas Tech. It is believed to be one of the largest agreements in college football history. Ojo’s agents, Derrick Shelby, and Rashad Phillips of Prestige Management Group, tell Baker Machado and Renee Washington how they were able to secure Ojo’s megadeal, in addition to the reported $1.2 million they got softball pitcher NiJaree Canady, and how athletes should navigate the current NIL (name, image, and likeness) environment after the landmark House vs. NCAA settlement.

Plus, the Suns and Bradley Beal are expected to part ways in the coming days, as Phoenix would reportedly absorb the remaining $110 million of Beal’s contract, ending one of the most infamous deals in NBA history. FOS reporter Colin Salao breaks down how Beal’s exit is similar to what the Bucks did with Damian Lillard and what his options are on the open market.

And President Donald Trump and UFC say they plan to host a fight on the White House lawn as part of America’s 250th celebration on July 4, 2026. FOS newsletter writer Eric Fisher explains the likelihood of the unprecedented event happening and whether former two-division champion Conor McGregor might be one of the fighters in the ring.

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What to Read

Nov 16, 2024; New York, NY, USA; President-elect Donald Trump speaks with Dana White (left) during UFC 309 at Madison Square Garden.

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Nov 30, 2024; Lubbock, Texas, USA; Texas Tech Red Raiders running back Tahj Brooks (28) runs the ball against West Virginia Mountaineers defensive back Anthony Wilson Jr. (12) in the second half at Jones AT&T Stadium and Cody Campbell Field.

Felix Ojo’s Agent Says Texas Tech Offered $5.1M At Start of Rev-Share..

Texas Tech secured Ojo with a seven-figure NIL commitment.

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