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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 partners with Big Ten, Big 12 to pay college athletes directly
The multi-year agreements with the Big Ten and Big 12 Conferences will create a new system for paying college athletes through PayPal and its sister service Venmo, following a recent federal court decision that allows universities to share revenue directly with players, PayPal said in a release.
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