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Big 12, PayPal announce partnership to facilitate direct student-athlete payments
A federal judge’s recent approval of the House settlement allows universities to directly pay student-athletes for the first time. In a sign of the times, the Big 12 and Big Ten conferences announced multi-year agreements with PayPal to facilitate payments to student-athletes.
PayPal to disperse revenue-sharing payments to athletes in Big Ten, Big 12; will not acquire naming rights
The Big 12's agreement is worth nearly $100 million over five years and was born in 2024 after PayPal entered into discussions to buy naming rights for the conference, sources told CBS Sports. The Big 12 opted not to pursue selling its naming rights, but this partnership was the result.
BIG 12 commissioner Brett Yormark goes on CNBC to announce a historic partnership with PayPal and Venmo as a means of paying ...
Venmo's release noted that it will become deeply involved in college sports, serving as the presenting partner for the first-ever Big Ten Rivalry Series and partnering with the Big 12 ...
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