The Richest Team In College Football Just Got Richer
Image: rivals.com
By Matt Graham
Would you believe that Texas Tech is the richest team in college football?
Well they are, at least in one area.
Cody Campbell, co-founder of Texas Tech’s NIL collective “The Matador Club,” recently closed a $4.08 billion dollar deal after agreeing to sell his highly successful independent oil company, Double Eagle Energy.
Getting $3 billion in cash and 6.9 million shares, Campbell is taking a shift with his business ventures.
Campbell, a Texas Tech alum, has been a driving force behind the No. 1-ranked transfer class in the country while taking home the name of top donor.
Which helped bring in over $10 million worth of athletes.
Multiple big names on offense include QB Quientin Joyner from USC, six-foot-four receiver Reggie Virgil from Miami (OH). They’ve also stacked the D-Line with UCF’s Lee Hunter and Skyler Gill-Howard from Northern Illinois.
The investments so far have been paying off, with the team winning more than seven games for the first time since 2014. The Red Raiders are definitely buying their way to the top.
Rightfully so, however, as that is what it takes in this era of college football to be successful.
With other powerhouses like Texas spending over $13 million and Ohio State making it widely known about their $20 million roster, it takes a lot to compete.
Last season, after failing miserably to Colorado at home Campbell fired back at an angry X user suggesting he “buy us an O-line.”
He didn't hesitate to respond and has since stuck by his word.
“I will,” he said.
If this past season’s success continues, Texas Tech won’t just be a transfer portal powerhouse. They could be in line to compete for a conference title and maybe more.