Source: BroBible
Summary
Ohio State signed a lucrative jersey patch deal with JP Morgan Chase worth approximately $17 million annually. The deal will see all 36 men’s and women’s varsity programs wear a Chase patch on their jerseys. However, the deal is being paid for, indirectly, through outrageous overdraft fees that fall largely on the shoulders of low-income families.
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The habit gets a new name.
Ohio State’s jersey patch deal with JP Morgan Chase is a multi-million dollar deal that’s being paid for by low-income families through overdraft fees. The deal is expected to yield nearly $17 million per year, making it the most lucrative partnership in college athletics. JP Morgan Chase charged ~$1 billion in overdraft fees in 2025, with fees disproportionately affecting Black households, lower-income households, and households with limited education.
Low-income families are indirectly paying for the Buckeyes to wear a Chase jersey patch.
Author: Evan Null
