NCAA announces major rule changes coming to college basketball

NCAA basketball changes: Undrafted players can return to school |

Statement from NCAA leaders on college basketball reforms

Other potential changes include allowing agents to represent active college players and pay for expenses like meals and transportation for players and families "if the expenses are related to the agent selection process" and allowing rising high school seniors to be represented by an agent. While that may seem like a big deal on its face, the fact that it's.

The NCAA and its member schools are part of the broader higher education community, and today's actions renew our commitment to our core objective - preparing students for a lifetime of opportunity.

College players will be able to enter the draft after each season has concluded, as usual - but they will have the option of returning to school if they go undrafted or are unable to find a viable deal to play professionally. This change depends on cooperation with the NBA and NBA Players Association.

Most of the changes take effect beginning this school year. Athletes returning to school would have to demonstrate need for assistance.

The changes also allow high school athletes more time and latitude in committing to a college basketball team.

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The NCAA, before revealing the amendments that mainly focused on players' rights to agents, failed to inform the two parties affected by the rules, USA Basketball and the NBA, according to ESPN's Adrian Wojnarowski.

If coaches and staff are making any money off an outside company - like an "apparel company" - they will have to report that to their schools, too.

The rule changes are a part of the NCAA's reforms in response to the college hoops corruption scandal.

University presidents and chancellors will be held "personally accountable" for any rule-breaking by their athletic departments. "Those who break rules face stronger penalties, including longer postseason bans, longer head coach suspensions, increased recruiting restrictions and additional fines".

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