UNLV's deal with Acesso Biologics isn't a direct NIL deal for players, but a landmark five-year, $11 million corporate sponsorship for jersey patches, covering football, men's/women's basketball, and baseball, creating revenue for athletics and paving the way for future NCAA deals as they await a vote on patches.
Here are the key details:
- Total Value: $11 million.
- Duration: 5 years.
- Sponsorship Area: Branded patches on jerseys for major sports.
- Significance: First of its kind in college sports, allowing UNLV to generate revenue from jersey sponsorships.
What do you think of this new precedent for the NCAA?