Banks are rushing to claim the newest ad space in college sports. Here's why SoFi, JPMorgan Chase and others are looking at jersey patches.

The Fighting Irish’s record SoFi partnership won’t diminish one of college sports’ iconic brands, but it shows even tradition-rich programs must evolve.

The move will bring the school $18-20 million annually, supplanting Ohio State as the largest known agreement of its kind in college sports.