Players will have to request an Undergraduate Advisory Committee evaluation, participate in the NBA combine, and notify their athletic director of their intent by 5 p.m. ET the Monday after the NBA Draft if they plan to return after going not being selected.
Eligibility for players that go undrafted in the NBA Draft could be restored based on a landmark decision from the NCAA on Wednesday. In addition to that rule change, the NCAA introduced alterations to other college basketball bylaws impacting players, coaches, and staff. Georgia Tech president and Board of Directors chairman Bud Peterson said the NCAA had pushed through changes in about 3 1/2 months that would "normally take us about two years through the governance process".
Previously, early-entry players who declare for the National Basketball Association draft were allowed to return to school so long as they didn't hire an agent. That included the appointment of Rice-recommended independent groups to handle and resolve complex cases, with Emmert estimating it would apply to maybe five cases annually.
College basketball players who go undrafted by the NBA will be allowed to return to school and play as part of sweeping NCAA reforms in the wake of a corruption scandal.
The Rice Commission, led by former Secretary of State Condoleezza Rice, was formed in response to an FBI investigation into payments from shoe companies to coaches for steering players to certain schools. However, those players must have been enrolled for at least two years before leaving.
Opening the door for young players to test the draft and, in the process, seek representation was seen as a significant step.
NCAA investigators, who have always lacked the authority of law enforcement, will be allowed to use information gathered by other entities, such as the Federal Bureau of Investigation, as they develop their cases.
This could allow the NCAA subpoena power during investigations.
"These changes will promote integrity in the game, strengthen accountability and prioritize the interests of student-athletes over every other factor", NCAA president Mark Emmert said in a statement. There is an Adidas league, a Nike League and an Under Armour league.
It is unclear how close the NCAA is to an agreement or the likelihood of one.
None of this impressed Jeffrey Lichtman, a NY attorney representing USC's Bland, who believes college sports have ignored a pressing economic issue.
That agreement must end if the player returns to school.
The NBA's age limit, which now sets the minimum at 19, remains another contentious point.
This will change things for future generations of basketball prospect, including LeBron James' eldest son, Bronny James. An amendment bargained by the league's players and owners is permissible, per the CBA. This will be implemented immediately by the NCAA with the schools now caught up in the Department of Justice's case regarding multiple schools and alleged violation of multiple federal laws.
Though it involves only the very best players, they are considered especially vulnerable to accepting improper money from agents and boosters because they might not want to attend school in the first place. "We've got a lot of work to do".