• Loading stock data...
Monday, July 28, 2025
Tuned In returns to NYC on September 16. Hear from the biggest names in sports media. Click here to get your spot

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

Ojo’s deal remained intact as other schools adjusted to the NCAA’s new cap.

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.
Michael C. Johnson-Imagn Images

The landmark NCAA v. House settlement, finalized in June, is reshaping college sports by introducing a revenue-sharing model that allows schools to distribute up to $20.5 million per year directly to athletes. As programs begin reallocating budgets to comply with the new cap, some have reportedly adjusted or reduced name, image, and likeness (NIL) offers to recruits. 

Texas Tech, however, maintained its full offer to five-star offensive tackle Felix Ojo, a Texas native who recently committed to the program, according to his agent Derrick Shelby of Prestige Management. 

On a recent episode of Front Office Sports Today, Shelby confirmed that Ojo’s three-year, multimillion-dollar deal remained untouched, even as other offers shrank almost overnight due to new financial restrictions tied to the House case. Prestige CEO Rashad Phillips added that the report that Ojo’s deal totals $5.1 million “sounds accurate.”

“Some numbers went down overnight based on the House settlement,” Shelby said. “In Felix’s case, Tech stayed the same. So he did not lose anything… and that eventually won out for Felix.”

Shelby said schools now need a more organized, strategic approach to spending: “You have to really, really have a good GM and a good staff to really be able to manage that money.”

Ojo’s mega-deal stands out not only for its value, but for its timing. Many top prospects are now entering the NIL market amid rapidly changing rules and regulations. For agents like Shelby, it means having to forecast both player fit and NCAA policy. 

“The rules changed overnight in June when the House settlement was signed. So if you were not prepared for that, you are behind already,” he said.

Shelby and Phillips co-founded Prestige Management Group to give players the type of advocacy they once lacked. “We have been kind of doing this for the last 30, 40 years before we put a name on it,” Phillips said. 

Prestige Management Group was launched in Dallas in 2023 and now represents athletes across multiple college sports, including Texas Tech softball star NiJaree Canady. Canady made headlines last month when she led the Red Raiders to a runner-up finish in the WCWS Finals and signed a seven-figure NIL deal through Texas Tech’s Matador Club.

The Ojo deal, they say, reflects how schools and agents are beginning to navigate a more regulated and financially constrained NIL era. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

2000, Jupiter, FL, USA; FILE PHOTO; Montreal Expos pitcher Hideki Irabu in action on the mound against the New York Mets at Roger Dean Stadium during Spring Training

Dead Sports Franchises Are Alive and Well on Twitter

The Expos, Sonics, and Whalers have active social media accounts.
CJ McCollum

CJ McCollum Calls NBA CBA He Helped Negotiate ‘Not Perfect’ 

McCollum was the NBA players’ union president from 2021 until June 2025. 

Featured Today

Limited Hype

Sneaker Reselling Was Once Easy Money. Success Is Now Complicated

Vendors need to evolve what they’re selling and how they do it.
HAPPY GILMORE 2. BTS - (L to R) Adam Sandler as Happy Gilmore and Rory McIlroy as himself on the set of Happy Gilmore2.
July 26, 2025

‘Cool As Hell’: How ‘Happy Gilmore 2’ Hooked Golf’s Top Stars

The process was “cool as hell,” Adam Sandler tells FOS.
Ryan Field Construction
exclusive
July 19, 2025

First Look Inside Northwestern’s $862 Million New Ryan Field

Five big things FOS learned on our exclusive stadium tour.
Jul 21, 2024; Ayrshire, SCT; Xander Schauffele celebrates with Claret Jug after winning the Open Championship golf tournament at Royal Troon.
July 17, 2025

The Boozy History and Traditions of The Open’s Claret Jug

The Open awards the world’s most famous wine decanter.

UNC’s Bill Belichick Brings His NFL Swagger to ACC Media Days

UNC is becoming one of the most interesting stories in college football.
July 24, 2025

ACC’s Phillips on FSU, Clemson: ‘It Can Never Be About a School..

The commissioner isn’t worried about more conference realignment.
President Donald Trump speaks during the American 250 kickoff event on July 3, 2025, at the Iowa State Fairgrouds.
July 24, 2025

Trump Signs Executive Order on College Sports Pay

The order marks Trump’s first foray into legislating college sports compensation.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
Jul 22, 2025; Las Vegas, NV, USA; Big Ten commissioner Tony Petitti speaks to the media during the Big Ten NCAA college football media days at Mandalay Bay Resort.
exclusive
July 23, 2025

As Other Power Leagues Shy Away From PE, the Big Ten Continues..

Tony Petitti told FOS conversations were ongoing.
Bill Belichick
July 23, 2025

UNC Sells Out All Football Tickets for Belichick Debut Season

Consistent drama around Belichick’s first college season has only helped ticket sales.
exclusive
July 23, 2025

Jim Phillips: ACC Cautious With Sports Betting Deals, Not Sold on PE

The conference is implementing new rules about injury reports.
A view of the United States Capitol on Wednesday, April 24, 2024.
July 23, 2025

Pro-NCAA Bill Passes Two Markups in Path to House Floor

The bill faces bigger challenges in the Senate.