When programs like Texas Tech started preparing for revenue sharing, they knew there were more questions than answers, procedures to put in place, and challenges ahead. But paying athletes? That had to be simple.
Their solution: Teamworks General Manager (GM) + Wallet, a fully integrated system designed to strategically support the full lifecycle of revenue-share payments from budgeting to contracting to payment.
After leveraging GM to allocate sport-specific revenue share budgets, define contract terms, and get compliance-ready, Texas Tech moved directly into executing and distributing payments with Teamworks Wallet.
Teamworks visited Lubbock earlier this year and guided Texas Tech student-athletes through onboarding. The result? Over 95% of Texas Tech’s student-athletes are ready to receive revenue-share payments by July 1.
Texas Tech turned what could’ve been a months-long operational nightmare into an efficient win. GM and Wallet gave them the speed, simplicity, and confidence to be ready for July 1, 2025, without chasing paperwork, learning a new technology, or needing extra staff.
“Teamworks personalized customer service is second to none,” said Jennifer Brashear, Senior Associate Athletics Director at Texas Tech. “They prepared us to onboard our student-athletes in a simple, easy-to-understand and efficient way. The Teamworks Wallet App, which includes a tax-saving and earnings account, is geared specifically to the student-athlete. We appreciate Teamworks’ continued focus on solutions for the ever-changing landscape of college athletics.”
Teamworks Wallet is Built for College Athletics
Most payment platforms weren’t built for the scale and complexity of college athletics. Wallet is and it’s already processed more than $60M in third-party NIL payments.
- Instant payouts – No 4–7 day bank delays
- Zero fees – Save 1–3% per transaction
- Seamless for international athletes – Support for cross-border payments and onboarding, with automatic tax handling and local compliance
- Fully integrated – Connects directly to Teamworks Hub + General Manager
- Auto-documented – Compliance and tax info, handled automatically
- Hands-on onboarding support – We don’t just send links—we show up and get your athletes live
- Financial Management made easy – Automatically set aside money for tax season and secure funds in a high-yield savings account, maximizing growth over time.
Ready Today. Built for What’s Next
Whether you’re still finalizing your revenue share model or ready to hit “send” on your first payments, Teamworks GM + Wallet are ready right now, so when July 1 comes, your system’s already running.
And yes, domestic, international, scholarship, NIL payments, Wallet can handle it all today. With GM powering your revenue share operations, your team is not only ready for compliance but strategically optimized for athlete experience and operational scale.