The National Collegiate Athletics Association Division I Council voted last week to officially terminate its national letter of intent program.
On Wednesday morning, the committee approved the NLI program to become apart of the NCAA’s signing and recruiting rules immediately. However, a hearing will be held on April 7, 2025 to formally approve the decision.
Beginning in 1964, the NLI program has served as the binding agreement between the top high school athletes in the nation and the “non-profit” collegiate governing body. The agreement is going to be replaced by a new financial contract which aligns with the transition that the NCAA has recently gone through regarding athletes being able to profit off their respective Name, Image and Likeness.
There is an impending revenue sharing model that will be presented following NIL becoming a normal aspect of collegiate sports. Early signing day is on Dec. 4 and National Signing Day will take place on Feb. 5.
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DI Council approves transition of National Letter of Intent program into NCAA signing and recruiting rules, effective immediately.
Council decisions are not final until meeting concludes later today.
— NCAA News (@NCAA_PR) October 9, 2024