Among the most significant changes are the new rules that allow undrafted players to return to school, provide financial assistance to players who leave school early and wish to return later to finish their degree, and give high school and college athletes the opporunity to be represented by an agent.
Players will be eligible to hire an agent after "any basketball season", so long as they request an evaluation from the NBA undergraduate advisory committee, according to Charania. Say Maryland's Kevin Huerter, for example, didn't get drafted in the first two rounds - he'd be able to play for the Terps again.
The NBA and USA Basketball's compliance with the rules is crucial since the NCAA now expects them to change their course of action. However, athletes can only officially visit a school once per year. The NCAA also suggested that there will be an agreement coming out of talks with apparel companies for "accountability and transparency regarding their involvement in youth basketball". There will also be longer postseason bans, head coach suspensions and increased recruiting restrictions for college coaches who break the rules.
"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", Frank said.