Nearly instantly the new mandate got the nickname of the 'The Rich Paul Rule, ' by National Basketball Association players and sports journalists alike, as they appear to be aimed at removing agents like 37-year old agent Rich Paul who did not attend college. Of course, Paul represents LeBron James, and several other high-profile players, and has for the majority of his career.
In recent years, the NCAA instituted rules that allowed college basketball players to explore professional options, including working out for and receiving feedback from NBA teams, before ultimately deciding whether or not to return to school. "We were guided by recommendations from the Commission on College Basketball - which spoke with the agent and advisor community - that the NCAA certification process should be more stringent than current processes". 'Nothing will stop this movement and culture over here.
"Frankly I think some of the efforts to control student-athletes and coaches, I think some of those actions are illegal", Alabama-based attorney Don Jackson said Wednesday.
The rule was quickly dubbed "The Rich Paul Rule" and gained so much traction on social media that it became a trending topic.
Though he says otherwise, this new ruling could have an impact on Paul's opportunities to represent young players who are fresh out of college.
The bachelor's degree requirement has led some to refer to it as the "Rich Paul Rule".
The NCAA also denied that specific individuals, aka Paul, were in mind when they drew up this criteria that targeted people with his background.
One week after issuing a memo citing new requirements for agents that wish to represent underclassmen in the NBA Draft process, the NCAA has backed off the controversial provision saying those agents must have a college degree. "I think by the looks of things, Rich Paul seems to be giving some pretty damn good advice".
'I COMPLETELY disagree with the NCAA's decision, ' he wrote on Twitter.
'If the NCAA adopts a bright-line rule requiring that agents be college grads, Paul would be denied a chance to represent underclassmen.