Penn State coach Joe Paterno will be honored with the Big Ten partially naming its new conference championship trophy after him.
The Stagg-Paterno Trophy will be given to the team that wins the Big Ten title game.
"We're so proud of what he's done and so are his colleagues," commissioner Jim Delany said in making the announcement.
The MVP of the game will win the Grange-Griffin Trophy.
The league also will give out 18 new awards next season. Along with the title game trophy, two others have Penn State ties.
The Smith-Brown Defensive Lineman of the Year is named for Bubba Smith, of Michigan State, and former Nittany Lion Courtney Brown. The Kwalick-Clark Tight End of the Year is named for Penn State's Ted Kwalick and Iowa's Dallas Clark.
With the addition of Nebraska, the league has broken into two divisions and revealed the names today.
The Legends Division will feature Iowa, Michigan, Michigan State, Minnesota, Nebraska and Northwestern.
The Leaders Division will feature Illinois, Indiana, Ohio State, Penn State, Purdue and Wisconsin.
"Legends is a nod to our history and to the people associated with our schools who are widely recognized as legends - student-athletes, coaches, alumni and faculty. Leaders looks to the future as we remain committed to fostering leaders, the student-athletes who are encouraged to lead in their own way for the rest of their lives, in their families, in their communities and in their chosen professions," said Delany. "We're proud of our many legends and even prouder of our member institutions that develop future leaders every day."