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PayPal's five-year partnership with the Big 12 Conference is worth nearly $100 million, according to reports from Yahoo and CBS Sports.

The Big Ten and Big 12 have partnered with PayPal to become their official platform for distributing revenue-sharing payments to athletes, it was announced Thursday. The first-of-its-kind ...

Key Takeaways College athletes who compete in the Big Ten and Big 12 Conferences will be able to receive payments from their universities through PayPal, the sides said Thursday. The partnership ...

June 26 (UPI) -- PayPal on Thursday announced a partnership agreement with the Big Ten and Big 12 conferences on Thursday, which will enable payments from universities to student-athletes.

PayPal-owned Venmo will also become the main sponsor of the first-ever Big Ten Rivalry Series in football and basketball, along with becoming the official payments partner for Big 12 championships.