Big Ten and Big 12 Forge Landmark Partnership with PayPal for Student-Athlete Payments
[City, State] – June 26, 2025 – In a move poised to reshape the landscape of collegiate athletics, the Big Ten Conference and the Big 12 Conference have announced a groundbreaking partnership with PayPal, a global leader in digital payments. This historic collaboration will facilitate institutional payments directly to student-athletes as part of a new revenue-sharing model, marking a significant evolution in how student-athletes are compensated.
The agreement, detailed in a press release from PR Newswire Sports today, signifies a pivotal moment for both conferences, recognizing the immense value and contribution of student-athletes. By leveraging PayPal’s robust and secure payment infrastructure, the Big Ten and Big 12 aim to streamline the disbursement of funds, ensuring efficiency and transparency for all parties involved.
This initiative is a direct response to the evolving conversations around student-athlete compensation and the need for modern, equitable financial structures. The partnership with PayPal is expected to provide a user-friendly and reliable platform for universities within both conferences to manage these new payment streams. Student-athletes will have the ability to receive their entitlements through their PayPal accounts, offering a familiar and accessible method for managing their finances.
“We are thrilled to embark on this transformative journey with PayPal,” stated [Representative Name and Title from Big Ten Conference, if available in the original source]. “This partnership represents a forward-thinking approach to acknowledging the dedication and talent of our student-athletes. By collaborating with a trusted financial institution like PayPal, we are building a foundation for a more sustainable and supportive environment for those who represent our universities with such distinction.”
Similarly, a representative from the Big 12 Conference echoed these sentiments. “[Representative Name and Title from Big 12 Conference, if available in the original source] commented, “This collaboration with PayPal is a testament to our commitment to innovation and to ensuring our student-athletes are recognized for their hard work and achievements. The ease and security of PayPal’s platform will be instrumental in the successful implementation of this new revenue-sharing model.”
The specifics of the revenue-sharing model are still being finalized, but the partnership with PayPal provides the operational backbone for its execution. This move is anticipated to set a precedent for other collegiate athletic organizations looking to adapt to the changing financial dynamics of college sports. The integration of PayPal is expected to offer benefits such as real-time transaction capabilities, enhanced security features, and a simplified process for both the institutions and the student-athletes.
This historic agreement between the Big Ten, Big 12, and PayPal underscores a shared vision for the future of collegiate athletics, prioritizing the well-being and financial empowerment of student-athletes. As the implementation of this new model progresses, further details are expected to be released.
AI has delivered the news.
The answer to the following question is obtained from Google Gemini.
PR Newswire Sports published ‘Big Ten and Big 12 Enter Historic Partnerships with PayPal to Enable Institutional Payments for Student-Athletes in New Revenue Sharing Model’ at 2025-06-26 12:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.