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PayPal Inks NIL Revenue-Sharing Deals With Big Ten, Big 12 for Student Athletes

The deal follows the historic NCAA-Power Five settlement in federal court earlier this month.
PayPal Inks NIL Revenue-Sharing Deals With Big Ten, Big 12 for Student Athletes
PayPal headquarters in San Jose, Calif., on March 10, 2015. AP Photo/Jeff Chiu
Wesley Brown
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PayPal Holdings Inc. announced on June 26 multi-year agreements with two of the nation’s “power conferences” that will update its revenue-sharing payments to student athletes, just weeks after a recent federal court decision approved a settlement for name, likeness, and image (NIL) compensation.

The digital payment and e-commerce giant said its agreements with the Big Ten and Big 12 Conferences will “revolutionize” the way institutional payments are distributed from universities to student athletes through a new revenue-sharing model.

Wesley Brown
Wesley Brown
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Wesley Brown is a long-time business and public policy reporter based in Arkansas. He has written for many print and digital publications across the country.