On Friday, the House vs NCAA settlement was approved, ending three antitrust lawsuits addressing compensation for college athletes.
Now, schools can share revenue directly with athletes while issuing $2.8 billion in damages for former and current athletes who were unable to capitalize on name, image and likeness deals. Things like salary caps, roster limits and direct payments come into effect on July 1.
Today, Alabama athletic director Greg Byrne released a statement on X following the approval of the House vs NCAA Settlement, and he said it’s something that Alabama’s been preparing for.
“One of the biggest transformational changes in college athletics is upon us, and Alabama athletics has been planning for this day and making decisions that best position our department for long term success.