The NCAA issued a memo to agents Monday, outlining new certification requirements to represent players testing the NBA draft waters.
In the memo, obtained by ESPN, the NCAA outlined new criteria for agents: a bachelor's degree, NBPA certification for at least three consecutive years, professional liability insurance and completion of an in-person exam taken at the NCAA office in Indianapolis in early November.
The bachelor's degree requirement has led some to refer to it as the "Rich Paul Rule." Paul, who represents LeBron James, Anthony Davis, Ben Simmons and Draymond Green, among others, and recently brought his Klutch Sports Group under the United Talent Agency umbrella, began working with James a couple of years after high school and didn't graduate from college.
According to the new NCAA criteria, Paul wouldn't be able to represent underclassmen testing the NBA draft waters.
James weighed in on the new certification requirements via social media Tuesday.
LeBron James ✔ @KingJames 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 Can’t Stop, Won’t Stop! They BIG MAD 😡 and Scared 😱. Nothing will stop this movement and culture over here. Sorry! Not sorry. 😁✌🏾
91.9K 7:33 PM - Aug 6, 2019 Twitter Ads info and privacy 19.9K people are talking about this
LeBron James ✔ @KingJames #TheRichPaulRule
Agents also will need to fill out an application and clear a background check.
In the application, sources told ESPN, agents are also required to agree that they will cooperate with the NCAA in investigations of rules violations, "even if the alleged violations are unrelated to NCAA-agent certification."
"Men's basketball student-athletes who are considering careers in professional basketball but who may want to return to school are only permitted to accept permissible agent services from NCAA-certified agents with a signed agent agreement," the memo stated. "It is important to remember that a men's basketball student-athlete cannot enter into an agent agreement until after his team's season has concluded, and the student-athlete has requested an evaluation from the NBA undergrad advisory committee."
Agents who complete the application and background check will take the in-person exam on Nov. 6, the day after the college basketball season begins with the Champions Classic in New York.
Agents who meet every requirement besides the three-year NBPA certification can receive an exception if the student-athlete they represented this past spring decided to return to school.
========================================= I'm an advocate for working smarter, not harder. If you just focus on working hard you end up making someone else rich and not having much to show for it. (c) mad
"Even Google and Apple don't require bachelor's degrees for jobs anymore because they're realized the ability to obtain one has more to do with being born into privilege and high socioeconomic status vs your abilities, skills, or intelligence but sure NCAA sounds great"
10. "RE: The Rich Paul Rule (NCAA new rules)" In response to Reply # 0
The bachelor's degree thing is stupid and hard to defend.
The rest of it doesn't seem that crazy, and maybe even seems wise.
If a player leaves the NCAA, then yeah, they do what they want. But for people who want to come INTO your school and work with young adults under your presumptive charge, filling out an application form and doing an interview seems reasonable to me. Perhaps I am missing something.