LeBron James criticized the NCAA for establishing a so-called āRich Paul ruleā Tuesday.
The organization issued a memo to agents outlining new certification requirements in order to represent players looking to enter the NBA Draft.
Paul, who has James and several other high-profile clients at Klutch Sports, did not graduate from college and therefore doesnāt meet the new criteria.
Per ESPN:
The bachelorās degree requirement has led some to refer to it as the āRich Paul Rule.ā
Paul, who represents LeBron James, Anthony Davis, Ben Simmons, 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 didnāt graduate from college.
In the application, sources told ESPN, agents are also required to agree that they will cooperate with the NCAA in investigations of rules violations, āeven if the alleged violations are unrelated to [their] NCAA-agent certification.ā
āMenās 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,ā the memo stated. āIt is important to remember that a menās basketball student-athlete cannot enter into an agent agreement until after his teamās season has concluded, and the student-athlete has requested an evaluation from the NBA undergrad advisory committee.ā