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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.
Big 12 lands $100 million deal with PayPal as part of athlete payment rollout
Under the new agreement, schools in both conferences will use PayPal to deliver secure and efficient payments directly to student-athletes, enabling immediate access to funds through PayPal and Venmo’s digital wallets.
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.
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Big 12 continues forward thinking approachWest Virginia Athletic Director Wren Baker made it clear that the Mountaineers were exploring all additional avenues when it ...
BIG 12 commissioner Brett Yormark goes on CNBC to announce a historic partnership with PayPal and Venmo as a means of paying ...
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