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An agreement signed last year between the NCAA and those Power Five conferences allows schools to give athletes a portion of the revenue their athletic departments generate.
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The university's new partnership will establish a Miami University facility near Cleveland Clinic's main campus, allowing students to intern on-site at the medical center's innovation district.
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That No. 1 site for the potential multi-purpose arena is Slant Walk, a 200-year-old walkway and greenspace that dates back to the earliest days of Miami University.
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The two parties have met around 30 times to negotiate a contract.
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Millett Hall has been the home of the Miami men's basketball team since it first opened in 1968 and the home for the women's team since the program began in 1974.
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With such a large student population, the University of Cincinnati, for example, is staggering its move-in days to reduce congestion in and around campus.
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Since schools began receiving designations in 2023, 40 institutions across the state have earned the honor so far.
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Fifty years after its final class graduated, Western's final class reunion featured celebrations of its role in Freedom Summer, social justice and women's empowerment.
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Drew's work can be found at the Wadsworth Atheneum in Hartford, Conn., as well as the Metropolitan Museum of Art and Guggenheim Museum in New York.
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On top of creating a local manufacturing pipeline, the collaboration will also direct students toward higher education at Miami.