Big 12’s PayPal and Venmo deal reshapes NIL, sets new standard for athlete payments FRISCO, Texas — The Big 12 Conference is stepping into uncharted territory in the evolving landscape of name ...

The Big Ten and Big 12 have partnered with PayPal to become their official platform for distributing revenue-sharing payments to athletes. The hefty new deal involves brand partnerships with several ...

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 ...

The rollout begins this summer, with the first athlete payments set to go out on July 1. Sponsorship and commerce activations for Venmo will launch with the start of the 2025–26 football season.

College athletes at Maryland, Penn State, and Rutgers are among the many who will start receiving direct payments from their universities through PayPal and Venmo. The Big Ten and Big 12 ...

Although free cash flow decreased and expenses rose, the company continued to reduce its share count and raised its full-year guidance.

PayPal has signed a multiyear agreement with the Big Ten and Big 12 conferences. The deal will allows schools to pay student-athletes through PayPal.