The Synodus Palmaris, called by Gothic king Theoderic, absolves Pope Symmachus of all charges, thus ending the schism of Antipope Laurentius.

Year 502 (DII) was a common year starting on Tuesday of the Julian calendar. At the time, it was known as the Year of the Consulship of Avienus and Probus. The denomination 502 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years.

Theodoric the Great, also called Theodoric the Amal, was king of the Ostrogoths (475–526), and ruler of the independent Ostrogothic Kingdom of Italy between 493 and 526, regent of the Visigoths (511–526), and a patrician of the Eastern Roman Empire. As ruler of the combined Gothic realms, Theodoric controlled an empire stretching from the Atlantic Ocean to the Adriatic Sea. Though Theodoric himself only used the title 'king' (rex), some scholars characterize him as a Western Roman emperor in all but name, since he ruled a large part of the former Western Roman Empire described as a Res Publica, had received the former Western imperial regalia from Constantinople in 497 which he used, was referred to by the imperial title princeps by the Italian aristocracy and exercised imperial powers recognized in the East, such as naming consuls.

Pope Symmachus was the bishop of Rome from 22 November 498 to his death on 19 July 514. His tenure was marked by a serious schism over who was elected pope by a majority of the Roman clergy.

Laurentius was the Archpriest of Santa Prassede and later antipope of the See of Rome. Elected in 498 at the Basilica Saint Mariae with the support of a dissenting faction with Byzantine sympathies, who were supported by Eastern Roman Emperor Anastasius I Dicorus, in opposition to Pope Symmachus, the division between the two opposing factions split not only the church, but the Senate and the people of Rome. However, Laurentius remained in Rome as pope until 506.