Under the new format, he wouldn't be able to represent underclassmen contemplating a jump to the National Basketball Association.
Whether the new rule was aimed at him or not, it will now be referred to as the "Rich Paul rule". Anthony Davis, Draymond Green (the guy who just got $100 million from the Warriors) and Ben Simmons are among the others.
The new NCAA ruling requires agents representing college players to have a bachelor's degree, to be certified with the National Basketball Players Association (NPBA) for at least three years and take an in-person exam at the NCAA office in Indianapolis.
As reported by CBS sports, the first qualification is that the agent must have a bachelor's degree, something Paul famously never got while building his Klutch Sports empire.
Paul, despite being the game's most powerful agent, doesn't boast the typical educational background of most sports agents.
On Tuesday night, James ripped the NCAA for enacting a rule that excludes his friend - and agent - from competing for college athletes.
The Athletic's Sam Vecenie later tweeted a copy of the NCAA memo detailing the new requirements, confirming Rothstein's original report. Who knows? It's unclear why the NCAA would specifically target Paul.
Not only does Hazan explain why the rule is bad for young agents, but says it will ultimately hurt the NCAA by driving players out of college basketball. They BIG MAD and Scared.