Georgia, SEC schools expected to pay football athletes about 75 percent of revenue sharing

ATHENS, Ga. — Georgia’s athletic department is planning to pay football players at least $13.5 million in revenue sharing this upcoming year, as part of the expected settlement in the House settlement case.

But while football and men’s basketball will be getting the vast majority of the revenue sharing, Georgia said it is now able to add more than 100 scholarships to other sports, thanks to the settlement terms.

Georgia athletic director Josh Brooks made the revelations during a Tuesday meeting of the school’s athletic board. Brooks said he expected other SEC schools to make similar decisions.

“I think we’re going to be in line with our conference peers,” Brooks said.

It has been known for a while that the House settlement, expected to be finalized in April, would result in schools directly paying athletes a total of around $20.5 million during the next school year. But it hasn’t been known what the percentages would be. Brooks said Tuesday that Georgia was planning to pay its players in similar proportion to how the House settlement would disperse back pay for name, image and likeness: 75 percent to football players, 15 percent for men’s basketball, 5 percent for women’s basketball and 5 percent for others. That money is from the direct revenue sharing and doesn’t count money collectives pay out to football players and other athletes.

But those percentages don’t come out of the total $20.5 million revenue sharing. Brooks said that up to $2.5 million in new athletic scholarships can be counted toward the total, and Georgia plans to do that, doing that for other sports.

“This is going to allow us to build programs and build up rosters across the board,” Brooks said.

Scholarship limits are set to go away as part of the settlement. They will be replaced by roster limits, which are usually lower…

Source link : https://sports.yahoo.com/article/georgia-sec-schools-expected-pay-234608177.html

Author : The Athletic

Publish date : 2025-02-25 23:46:00

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