NCAA rule restricts Rich Paul's access to potential new clients

Update Le Bron Reacts to the NCAA's New

James, who was Paul's first client when the agent began Klutch Sports in 2012, believes the rule was created to limit Paul and is the result of the establishment being "scared".

"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.

LeBron James jumped from high school to the pros.

Get a bachelor's degree, says the NCAA.

There is no agent in the basketball world with more notoriety than Rich Paul.

On Tuesday, CBS Sports' Jon Rothstein reported that the NCAA placed eligibility restrictions on who qualifies to represent those prospective National Basketball Association players.

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Paul's most notable client and close friend, LeBron James, wasn't buying the NCAA's explanation.

The rule has been coined the "Rich Paul" rule since it is seemingly aimed at the Klutch Sports agent.

Per the new NCAA rule, Paul is not eligible to advise NCAA players who wish to maintain their college eligibility. Who knows? It's unclear why the NCAA would specifically target Paul. The criteria will include a Bachelor's degree, certification with NBPA for a minimum of three years and passing an in-person exam at the NCAA Office in Indianapolis.

The Athletic's Sam Vecenie obtained a copy of the NCAA memo detailing the new requirements, confirming the original report.

The NCAA just proposed a new set of rules for agents seeking to represent student-athletes.

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