Georgia Athletics Unveils $20.5 Million Revenue Sharing Plan With Athletes

The University of Georgia Athletic Department is preparing to share revenue with athletes starting July 1st once the House v. NCAA settlement is approved in April.

This week, a breakdown of how Georgia plans to pay their athletes was revealed. Per Online Athens:

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Georgia is planning to directly pay players the maximum allowed of about $20.5 million with about $2.5 million of that going to new scholarships working off a model in the preliminary House vs. NCAA antitrust settlement.

Football players would get at least 75 percent of the revenue after scholarships, men’s basketball players 15 percent and women’s basketball players 5 percent.

Those percentages are based out of a model in the preliminary House settlement.

“We’re still working through the conference if there’s going to be a standard set amount,” Brooks said after the meeting in detailing for the first time Georgia’s plan for revenue sharing. “They’ll be some variances in there but that’s a good starting point.”

Football players are expected to get at least $13.5 million, men’s basketball players about $2.7 million and women’s basketball players about $900,000. Other sport athletes like baseball, track and gymnastics could get a percentage of the remaining pie.

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