NCAA Proposes Removal of 153 Rules from Handbook Regarding NIL, Financial Restrictions

The NCAA Division I Board of Directors proposed the removal of 153 rules from its handbook on Monday, including rules that prevented schools from directly sharing financial benefits with athletes, per ESPN’s Heather Dinich.

After a meeting on Monday, the NCAA came away with nine proposed legislative changes, perhaps the biggest being one that would permit universities to directly pay players. According to Dinich, “NCAA leaders are aiming to reshape the organization’s role” and want to enact the major changes by July 1 if a House settlement is approved.

Dinich noted that schools must decide if they want to provide financial benefits to athletes by June 15.