NCAA ELIMINATES NATIONAL LETTER OF INTENT
The National Letter of Intent has long been a binding agreement between a student-athlete and their future collegiate destination, but last week, the NCAA decided to eliminate the NLI effective immediately.
The NCAA stated "Moving forward, written offers of athletics aid will replace the NLI, and the previous formula for determining signing dates will be applied to those written offers. Transfer prospects may be signed by a new school once their names are permissibly entered in the Transfer Portal. After a prospect signs a written offer of athletics aid, other schools that offer athletically related financial aid will be prohibited from recruiting communications with that prospect."
While traditional signing periods and National Signing Days will likely become a thing of the past, the NCAA is planning to put a new timeline on this process for student-athletes.
While this may seem like a major change, the reasoning for this decision is mostly related to Name, Image & Likeness and the impending lawsuit settlement and will have little effect on future student-athletes and their college decisions.
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