The ‘Rich Paul Rule’ is gone.
The NCAA sent out a release on Monday afternoon announcing that they have amended what has become known as the ‘Rich Paul Rule.’
According to the release, for an agent to become certified to represent basketball players that have not declared for the draft but are testing the waters, that agent must have either a bachelor’s degree or be certified and in good standing with the NBPA. The NBPA requires a bachelor’s degree for an agent to be certified, but provides waiver for people that have adequate work and life experience in lieu of a college education.
In addition, the agents must have been certified by the NBPA for three consecutive years, have professional liability insurance and complete an in-person exam in Indianapolis.
Our month-long national nightmare of having nothing to talk about except agent certification is now, mercifully, over.