Alabama AD Greg Byrne responds to approval of the House vs NCAA settlement

Jan 20, 2018; Tuscaloosa, AL, USA; Alabama Crimson Tide Athletic director Greg Byrne speaks to the crowd at the Alabama Crimson Tide National Championship Celebration at Bryant-Denny Stadium. Mandatory Credit: Marvin Gentry-USA TODAY Sports

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. Approval of the House settlement offers stability going forward, which is something that is much needed,” Byrne said. “We’re extremely proud of the world-class resources our students-athletes receive and will now add to that by offering new scholarships while fully funding revenue sharing. In addition, our student-athletes have the distinct benefit of Yea Alabama, which focuses on creating authentic NIL opportunities powered by both the Alabama and student-athletes’ brands. Crimson Tide Sports Marketing and Learfield will also continue to cultivate local and national opportunities that greatly benefit our student-athletes.”

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