Agencies have until Sept. 30 to apply for the test.
Last month, the NCAA announced new qualifications for agents seeking to represent NCAA student-athletes who choose to test the NBA draft waters. Per Jon Rothstein of CBS Sports:
Jon Rothstein @JonRothstein
Sources: The NCAA has officially added criteria for agents who wish to represent student athletes testing the waters for the NBA Draft. Criteria: - Bachelor's Degree - Certified with NBPA for a minimum of three years - Take an in-person exam at the NCAA Office in Indianapolis
Those new guidelines quickly became known as "The Rich Paul Rule," as Paul does not have a college degree. He does, however, represent a number of high-profile NBA stars, including the Los Angeles Lakers' LeBron James and Anthony Davis.
However, days later the NCAA reversed the rule that requires agents to have a bachelor's degree following backlash from agents and NBA players, including James.
The new rules were put into place for the sake of "protecting the eligibility of their client athletes", via The Athletic's Sam Vecenie:
Sam Vecenie @Sam_Vecenie
Here is the memo that was sent to agents yesterday regarding the new rules for representing clients that are “testing the waters for the NBA Draft.” The NCAA refers to it as “protecting the eligibility of their client athletes.” Yeah, this is a bad look for the NCAA. https://t.co/JhzN1c6NyJ
That memo states the Sept. 30 deadline will be "strictly enforced." Those who do apply will be required to take an in-person exam at the NCAA office in Indianapolis on Nov. 6.
Agents will be required to pay a $250 application fee, which covers a background check, and a $1,250 certification fee, according to Vecenie.
NCAA student-athletes are currently permitted to return to school to play out their remaining eligibility even if they test out the NBA draft waters. Vecenie noted, though, any player who is represented by a non-NCAA-certified agent moving forward would not be allowed to return to their respective school's team even if they withdraw from the draft pool.