Donald Trump on Thursday signed an executive order prohibiting “third-party, pay-for-play” payments to college athletes, a move the White House says is intended to curb the booster-funded bidding wars that have upended the landscape of college sports in recent years.
The order asserts that recent court rulings and a patchwork of conflicting state laws have dismantled long-standing NCAA rules, creating what it describes as a “chaotic environment” that threatens the financial stability and competitive balance of collegiate athletics.