Tech alumni form club to launch NIL opportunities with nonprofits

LUBBOCK, Texas (KCBD) — Texas Tech University donors say they are strengthening student-athletes and the Lubbock community by establishing the Matador Club. The website classifies the new club as a “NIL community service collective”.

Since July, student-athletes across the country have been making money from their name, image and likeness. It’s a game-changer in college athletics, and these alumni say they’re trying to help the university keep up.

“It’s a new era in NCAA sports, and it’s something we’re going to have to do to compete,” said one of the founding directors, Marc McDougal.

He and Cody Campbell, Terry Fuller, John Sellers, Gary Petersen and Tim Culp are board members. It is an annual collective fund, classified as a non-profit organization, where the Red Raiders can make tax-deductible donations. McDougal says 100% of proceeds will go to student-athletes. Players will score a NIL contract and, in return for payments, they will perform community service and help raise awareness for local non-profits and charities.

“It’s money that will go to every player in the dressing room. So it’s not the one that will go to one player over another. It’s great for non-profit organizations. C “is a great way for our student-athletes to get into the community, people get to know them. So we’re excited about that.”

McDougal says when Texas Tech is competitive, Lubbock is competitive.

“Especially restaurants, retail. Not only are you supporting the athlete, but you are also supporting our community.

You can make a donation directly on the Matador Club website. If you donate at least $1,000 per year, you receive invitations to special events with student-athletes.

“I don’t think anyone in the Big 12 can compete with what we can do here. But we need every Red Raider to step up, no matter the amount, and support the Matador Club, which supports our student-athletes.

Initially, the club focused on football, men’s basketball and baseball players. McDougal says he should expand into more sports as the club grows.

The club is an extension of the numerous NIL agreements already signed at Texas Tech. Since the NIL rules changed in July, 241 agreements have been reached with 120 local and national companies. Over 100 student-athletes have taken advantage of the offers.

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