LeBron James praises agent Rich Paul who quickly helped bring an end to NCAA's 'Rich Paul Rule'
Jae C. Hong/AP
- The NCAA has gone back on its decision to require agent representing college players to have a bachelor's degree
- The rule had been dubbed the "Rich Paul Rule," as it would prevent LeBron James' agent, Rich Paul, from representing college players.
- On Monday, Paul wrote a rebuttal to the NCAA's decision, arguing it would prevent those with a different career path from having an equal opportunity in the field.
- Six hours after Paul's essay went live, the NCAA reversed its decision, earning praise from James.
- Visit Business Insider's homepage for more stories.
LeBron James is celebrating the NCAA's decision to reverse its decision on the controversial "Rich Paul Rule" that the organization announced one week earlier.
The rule was part of an NCAA memo outlining requirements for agents representing college players who are debating whether to return for another year of college basketball. James dubbed the rule "The Rich Paul Rule" after his agent and friend, Rich Paul.
One condition was a bachelor's degree. The rule would have prevented Paul and other agents who did not attend college from representing some of the most talented players in the world.
Read more: LeBron James calls out NCAA over new rules that would prevent his agent and friend Rich Paul from representing players just out of college
On Monday, Paul responded to the NCAA with an op-ed for The Athletic, arguing that it was not just him that would be affected by this rule. Also, potential future generations of player representatives who decided college would not be their path.
"The harmful consequences of this decision will ricochet onto others who are trying to break in," Paul wrote. "NCAA executives are once again preventing young people from less prestigious backgrounds, and often people of color, from working in the system they continue to control. In this case, the people being locked out are kids who aspire to be an agent and work in the NBA and do not have the resources, opportunity or desire to get a four-year degree."
On Twitter, James shared Paul's words in solidarity.
James supported Paul when the NCAA first announced the rule, and on Monday once again used his social media megaphone to bring attention to Paul's cause.
Just six hours after Paul's post was published, the NCAA announced that it would drop the "Rich Paul Rule," a decision that was a clear victory for Paul.
Once again, his most high-profile client offered praise.
Paul is one of the most powerful agents in sports, representing James as well as Anthony Davis, Ben Simmons, Draymond Green, and more.
The public pressure that Paul and James brought to the issue made a big impact on the NCAA's quick decision to go back on their initial plan.
- Read more:
Anthony Davis used 'NBA 2K19' to decide on his new number after Nike told him he couldn't take No. 23 from LeBron
FANTASY FOOTBALL RANKINGS: Here's the expert consensus on the top 50 players
LeBron James went bonkers at his son Bronny's AAU tournament, dunking in the kids' layup line and celebrating so hard he lost his shoe
LeBron James posted a loving scouting report of his son Bronny on Twitter and fans are saying he's a GOAT parent and player
#StayWokeFolks https://t.co/RPdtHJ0jAo- LeBron James (@KingJames) August 12, 2019
#StayWokeFolks https://t.co/yH2IkgRfl2- LeBron James (@KingJames) August 12, 2019
- A 24-year-old stock trader who made over $8 million in 2 years shares the 4 indicators he uses as his guides to buy and sell
- My fiancé and I picked out my engagement ring together before he proposed, and I don't regret missing out on the surprise
- Financial inclusion made easy for India’s small merchants with Paytm’s pioneering QR codes and Soundbox
- Toyota reports highest-ever monthly sales in May at 20,410 units
- Indian aviation regulator asks airlines to frame deplaning guidelines in case of emergency
- Zendesk lays off 320 employees; 8% of workforce
- India’s top 10 transformation moves in the last decade according to Morgan Stanley
- Kotak report sounds a warning for the ‘nonchalant’ Indian market investor