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PayPal partners with Big Ten and Big 12 for new revenue sharing payments platform.

Jun 26, 202512 months ago

Contract Type

partnership

San JoseOtherCommerce and ShoppingFinancial ServicesSoftwareCommerce And ShoppingPaymentsFintechMobile Paymentsinformation technology & services

Description

PayPal has announced multiyear partnerships with the Big Ten and Big 12 to process revenue share payments to athletes. The Big 12 agreement runs for five years, while details for the Big Ten deal have not been disclosed yet.

Company Information

Company

PayPal Holdings

Location

2211 North 1st Street

San Jose, California, United States

About

PayPal Holdings, Inc. has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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