In an era where the landscape of college athletics is rapidly evolving, NFL superstar and Texas Tech legend Patrick Mahomes has taken a bold step to ensure his alma mater stays ahead of the curve. Mahomes announced Monday that he is donating $10 million to establish a Name, Image, and Likeness (NIL) fund for Texas Tech athletes, a monumental gesture that instantly makes it one of the largest NIL support initiatives in the Big 12 Conference.
The fund—dubbed the “Mahomes Athlete Empowerment Fund”—will be geared toward supporting Red Raider student-athletes across all sports by giving them structured opportunities to benefit financially from their personal brand and image. It’s a move that not only reinforces Mahomes’ loyalty to Texas Tech but also signals a new level of alumni involvement in the NIL era.
A Game-Changing Commitment
Mahomes, a two-time Super Bowl MVP and one of the faces of the NFL, said the donation was about “giving back to the place that gave me everything.”
“Texas Tech changed my life,” Mahomes said in a statement. “It helped shape me into the man and the athlete I am today. This is about making sure the next generation of Red Raiders have the support and opportunities they need to succeed—on and off the field.”
The $10 million donation instantly vaults Texas Tech into the upper echelon of NIL-backed schools in terms of financial support. The fund will be managed by a coalition of university partners and third-party NIL facilitators to ensure compliance, transparency, and equity across the board.
While other schools in the Big 12 have seen NIL support from boosters, collectives, and local business partnerships, Mahomes’ direct financial commitment sets a precedent—not only for Texas Tech but for what is possible when high-profile alumni take initiative.
Elevating the Red Raiders
For Texas Tech athletic director Kirby Hocutt, this donation represents a landmark moment.
“This is transformative,” Hocutt said. “Patrick continues to show his commitment to this university in ways that go far beyond what anyone could expect. His leadership, generosity, and passion for Texas Tech are unmatched. The Mahomes Athlete Empowerment Fund gives our student-athletes a powerful platform to maximize their potential.”
Hocutt added that the fund will not be exclusive to marquee sports like football and men’s basketball but will serve student-athletes across all programs, including women’s sports, Olympic sports, and walk-ons who may not otherwise have access to high-earning NIL opportunities.
That inclusive approach aligns with Mahomes’ desire to uplift the entire athletic department, not just the programs in which he participated or watches most often.
“I want every athlete at Texas Tech to know they’re valued and that their hard work matters,” Mahomes said.
Leveling the Playing Field
Since the NCAA began allowing student-athletes to profit off their name, image, and likeness in 2021, the balance of power in college athletics has shifted. Schools with strong NIL programs have seen tangible benefits in recruiting, retention, and performance. While Texas Tech has made strides in building its NIL infrastructure, Mahomes’ $10 million boost brings a new level of competitiveness to the program.
Recruiting experts say this kind of backing can serve as a major draw for top-tier athletes who might otherwise lean toward traditional powerhouse schools.
“This changes the conversation,” said recruiting analyst Mike Farrell. “If you’re a four-star or five-star recruit and you know a Hall of Fame-caliber NFL quarterback has invested in your future, that carries serious weight.”
It also serves as a rallying cry to other Texas Tech alumni and supporters, encouraging them to follow Mahomes’ lead in supporting the athletic department in tangible ways.
A Legacy Off the Field
Patrick Mahomes’ football legacy at Texas Tech is already cemented. In just three seasons, he threw for over 11,000 yards and 93 touchdowns, shattering records and captivating fans with his playmaking ability. Now, with his NFL stardom at an all-time high, Mahomes is rewriting what it means to be an alumnus of a university sports program.
His $10 million donation is one of the largest ever made by a former college athlete specifically toward NIL support. While other professional stars have voiced their support of NIL or participated in endorsement deals with collectives, few have made personal financial contributions of this magnitude.
“This is about more than just money,” Mahomes said. “It’s about showing these athletes that someone believes in them. I was once that kid at Tech, dreaming big. I want them to know those dreams are worth chasing.”
The Road Ahead
As the Mahomes Athlete Empowerment Fund officially launches later this year, Texas Tech is expected to roll out additional programming including mentorship opportunities, brand development workshops, and athlete storytelling platforms. Mahomes himself plans to remain actively involved, offering guidance and serving as a resource for athletes who want to learn how to navigate fame, endorsements, and business decisions.
In the wake of the announcement, reactions across the college football world have been overwhelmingly positive. Coaches, analysts, and current Texas Tech athletes have praised Mahomes not just for the money, but for the message: that success doesn’t mean forgetting where you came from—it means reaching back and lifting others up.
For Texas Tech, the future looks brighter than ever. And for Patrick Mahomes, his legend continues to grow—not just as a football icon, but as a leader, a philanthropist, and a Red Raider through and through.