Sources: Notre Dame passes Ohio State for richest patch deal

Sources: Notre Dame passes Ohio State for richest patch deal

ESPN sports

Key Points:

  • Notre Dame has signed a six-year deal with SoFi Technologies, worth approximately $18-20 million annually, marking the richest sponsorship in college athletics history and the first time a corporate logo will appear on Notre Dame jerseys.
  • SoFi will create a $1.4 million annual fund to support Notre Dame's "4 for Forever" campaign, which provides scholarships and resources for student-athletes across 26 sports, and will also establish a full-tuition Champions Scholarship for standout walk-on athletes.
  • Ohio State announced a similar corporate partnership with JPMorganChase, including jersey patches for all 36 teams, with the bank paying nearly $17 million per year to the athletic program.
  • The NCAA approved corporate uniform patches in January to help fund rising costs of paying student-athletes, allowing two patches of up to 4 square inches on regular-season uniforms, while the College Football Playoff is considering patch policies for postseason games.

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