Electronic Arts and the Collegiate Licensing Company have agreed to a new and nonexclusive three-year deal that will allow EA to continue to make new college football games.

The agreement, first reported by Joystiq, was confirmed to GameSpot by the CLC. Terms of the deal were not disclosed.

It will take effect next July and gives EA the rights to use "more than 150 colleges, conferences, and bowl games" in its franchise. It is not clear if any schools have chosen not to participate.

The full statement is below.

"I can confirm that CLC, as trademark licensing agent for schools, conferences and bowls, has signed a three-year extension of the license agreement with EA, extending its rights to include their logos, trademarks, stadiums, mascots, and other school-specific indicia in a College Football Video Game that EA produces and sells," the representative said. "More than 150 colleges, conferences, and Bowl Games have approved the extension thus far."

The new agreement comes just two days after the NCAA announced that it would not renew its licensing agreement with EA Sports, citing "current business climate and costs of litigation."

EA is currently developing a new college football game for next-generation platforms the Xbox One and PlayStation 4, though details on the game have not been announced.

NCAA Football 14 launched earlier this month for the Xbox 360 and PlayStation 3.