President Donald Trump signed an executive order Thursday that aims to prohibit third-party, pay-for-play payments to college athletes, the White House announced. The legislation also directs the Secretary of Labor and the National Labor Relations Board to clarify the status of student-athletes "in order to preserve non-revenue sports."

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

President Donald Trump on Thursday signed an executive order addressing whether college athletes can be considered employees of their schools.