The NCAA announced Wednesday that its Board of Governors and Division I Board of Directors adopted a "series of significant policy and legislative changes, setting in motion actions to change the structure of the NCAA fundamentally". College players will also be allowed representation as soon as their seasons end if they request an evaluation from the NBA Undergraduate Advisory Committee.
And, the rule change allows for players who declare for the NBA Draft that have eligibility still remaining at their respective programs to return back to their team if they're not selected.
"These changes will promote integrity in the game, strengthen accountability and prioritize the interests of student-athletes over every other factor", NCAA leaders said in joint statement.
Division I schools are now also bound to pay for tuition, fees and books for those players who left school and later returned to earn their degree, provided the player was on scholarship, fewer than 10 years have passed since leaving school and the player had been enrolled in the school for at least two years. Athletes can also take five beyond October 15 after their high school graduation.
Due to the clamor that the National Basketball Association should abolish the one-and-done rule stating that prospects straight out of high school are not deemed eligible to declare for the draft, the league has been moving in that direction. Coaches will only be allowed to attend one youth basketball event in early July.
"We will review the NCAA's planned reforms and continue to assess, along with our players' association, the potential for any related NBA rules changes", NBA spokesman Tim Frank said.
University presidents and chancellors will be held "personally accountable" for any rule-breaking by their athletic departments.
Moreover, with the level that head Texas basketball coach Shaka Smart has recruited at in recent years, the Horns could see these rule changes impact more immensely talented commits to the program.