I saw this as well, it only applies to sports apparel and goods:
> “Ohio State is pleased to have received a trademark for THE on branded products associated with and sold through athletics and collegiate channels,”
They don't literally have a trademark on the word. And if you follow sports the "THE Ohio State University" with an emphasis on "THE" is a thing that is associated with the university. They sell shirts with "THE" in all caps with the university colors and such.
I'd say that if you find this distasteful, I think you're better served arguing against patents and trademarks in general since this seems to my very biased eyes to be reasonable based on the current system we have.