Two of college sports’ most iconic programs, Notre Dame and Ohio State, made headline-grabbing moves on the same day, unveiling jersey patch sponsorship deals that together could exceed $30 million annually. The announcements, both made on Tuesday, underscore how universities are rapidly embracing new revenue streams in the wake of a landmark antitrust settlement reshaping the financial landscape of college athletics.

Ohio State struck a multiyear partnership with JPMorgan Chase, though the school did not disclose terms. Industry sources, however, pegged the deal at roughly $17 million per year. The Chase Bank logo will adorn jerseys and uniforms for all 36 of the Buckeyes’ varsity sports, a sweeping embrace of corporate branding across the athletic department.

Notre Dame matched the moment with its own agreement, partnering with SoFi Technologies, a financial services company. Multiple outlets valued the deal between $18 million and $20 million annually. The Fighting Irish will feature SoFi patches on uniforms for every sport, and the company has committed to an annual $1.4 million fund to support Notre Dame’s “4 for Forever” campaign. That initiative provides scholarships across 26 sports and offers student-athletes financial education, career development, and other opportunities.

These developments arrive just weeks after a federal judge approved a sweeping $2.8 billion House antitrust settlement, which cleared the way for schools to directly compensate athletes through licensing deals. The ruling has effectively opened a new revenue-sharing era, and universities are wasting no time capitalizing on the ability to monetize their athletic brands in ways previously limited.

“Our ‘4 for Forever’ promise at Notre Dame is paramount to providing the best student-athlete experience in the country,” said Notre Dame athletic director Pete Bevacqua in a statement. “SoFi shares in this commitment to developing strong, ambitious leaders who are set up for success at Notre Dame and beyond. Together, our relationship will create lasting value for our student-athletes and their families for generations to come.”

Ohio State’s athletic director, Ross Bjork, echoed that sentiment. “This relationship creates meaningful opportunities for our student-athletes that support the sustained excellence and competitiveness of our athletic programs, while honoring the tradition and values of Ohio State,” he said.

The deals put Notre Dame and Ohio State at the forefront of a growing trend. Multiple other schools have already announced similar jersey patch sponsorships, signaling a shift in how college sports programs generate revenue to fund player compensation and athletic department operations. The partnerships also reflect the increasing integration of corporate branding into the fabric of college athletics, a move that is likely to accelerate as the revenue-sharing model takes hold.

For both schools, the timing is strategic. With the House settlement now approved, athletic departments are under pressure to find sustainable sources of income to cover direct payments to athletes. Jersey patch deals offer a high-visibility, low-overhead solution. The Notre Dame-SoFi agreement, for instance, not only brings immediate cash but also earmarks funds for scholarships and career development, directly tying the sponsorship to the university’s broader mission of educating student-athletes.

Ohio State’s partnership with JPMorgan Chase, a global financial institution, adds a layer of prestige and financial stability. The Chase logo, already a familiar sight in professional sports venues, will now be a fixture on Ohio State’s uniforms, from football to fencing. The Buckeyes’ athletic department, one of the wealthiest in the nation, is betting that the long-term return on such a deal will justify the upfront branding commitment.

As the college sports world adjusts to the new normal, experts expect more universities to follow suit. The race is on to secure corporate partners before the market becomes saturated. For now, Notre Dame and Ohio State have set the bar high, and the rest of the NCAA is watching closely.