The Ohio State University, a State Owned entity headquartered in the United States, was founded in 1870 and employs approximately 27,390 individuals. Functioning as one of the largest universities in the United States, it operates as a research university and serves as a model for Ohio's public higher education institutes.
On July 30, 2026, JPMorgan Chase signed its first-ever deal in college athletics, agreeing to pay Ohio State University nearly $17 million annually for jersey patch rights across all 36 of its varsity teams. This agreement represents one of the largest non-apparel corporate deals in college sports history, with the university announcing it alongside a similar sponsorship for Notre Dame. Earlier on the same day, Ohio State University researchers received an NSF award to develop an artificial intelligence-driven approach designed to better understand extracellular vesicles. This effort aims to improve disease detection, cancer monitoring, and the identification of infectious diseases through minimally invasive testing. Also on July 30, Ohio State Head Coach Ryan Day called for a significant increase in college football's "soft" salary cap, which currently stands at $21.3 million for programs paying players in revenue sharing, up from $20.5 million a year prior.
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