The president's executive order would prohibit "third-party, pay-to-play" payments to college athletes, the White House said.

President Donald Trump issued an executive order that seeks to create rules around what college athletes can earn from name, image and likeness .

WASHINGTON (AP) — President Donald Trump on Thursday signed an executive order mandating that federal authorities clarify whether college athletes can be considered employees of the schools they play for in an attempt to create clearer national standards in the NCAA’s name, image and likeness era.