Ohio State names JPMorganChase official bank sponsor and jersey patch partner

The deal spans all 36 varsity programs, extending a trend of major financial companies using college sports sponsorships and NIL-related initiatives to broaden brand reach.

Summary

Ohio State has named JPMorganChase its official bank sponsor and jersey patch partner across all 36 varsity programs. The agreement adds JPMorganChase to a growing list of major financial companies pushing deeper into college sports, where sponsorships and NIL (name, image and likeness payments to athletes) initiatives have become prominent marketing channels. Ripple was cited alongside JPMorganChase as another financial company expanding through similar high-profile college sports efforts.

Terms & Concepts
  • NIL: Name, image and likeness payments to athletes
  • jersey patch partner: Brand whose logo appears on team uniforms