A day after Nico Iamaleava finalized his move from Tennessee to UCLA, Joey Aguilar is doing the same from UCLA to Tennessee in what’s essentially a quarterback trade, sources told ESPN on Monday.

Aguilar transferred from Appalachian State to UCLA during the winter portal and was the front-runner to be the Bruins’ starting quarterback this fall. But UCLA announced the signing of Iamaleava on Sunday, and Aguilar entered the spring portal Monday.

Tennessee coach Josh Heupel said on April 12 when announcing the program was moving forward without Iamaleava that the Vols would add another quarterback in the spring portal. When Aguilar became available, Tennessee immediately showed interest. The 6-foot-3, 220-pound senior has one year of eligibility remaining after passing for 6,760 yards and 56 touchdowns the past two seasons at Appalachian State. Aguilar, originally from Antioch, California, started his career at Diablo Valley Community College.

The deal that Aguilar is finalizing to go to Tennessee is similar financially to the deal that he previously had at UCLA, sources told ESPN’s Pete Thamel. He had $1.2 million left at UCLA on his deal, and his new deal at Tennessee is close to that. Factoring in taxes, it will be similar pay for Aguilar. He’d also already made more than $200,000 in his first few months at UCLA.

Iamaleava, Tennessee’s starter last season as a redshirt freshman, entered the portal last Wednesday, the day it opened. He skipped practice the previous Friday and didn’t alert coaches or teammates. After several people around the program tried to contact him that day, Iamaleava called offensive coordinator Joey Halzle that night to inform him that he was entering the portal and didn’t attend the Vols’ spring game the next day. That morning, Heupel — who said he never heard from Iamaleava — told the team that Iamaleava would no longer be part of the program.

Heupel thanked Iamaleava for his contributions to the program but added, “There’s no one that’s bigger than the Power T, and that includes me.”

Iamaleava’s representatives were pushing to have his NIL deal increased, sources told ESPN, and On3 reported the Thursday before Iamaleava missed practice Friday that the two sides were in negotiations. Iamaleava was set to earn in the $2.4 million range this year from Tennessee. He signed his initial contract with the Spyre Sports Group, a Tennessee-based collective, while still in high school. His full deal was reportedly $8 million but would have been closer to $10 million had he stayed the entire time at Tennessee. Sources told ESPN that Iamaleava’s representatives wanted a deal in the $4 million range for him to stay at Tennessee for a third season.

Iamaleava redshirted his first season on campus and took over the starting duties last year in helping to lead Tennessee to the College Football Playoff. He finished with 2,616 passing yards and 19 touchdowns but passed for more than 200 yards only twice in nine games against SEC opponents and Ohio State in the playoff game.

Aguilar was the Sun Belt Conference Newcomer of the Year in 2023 and started 24 games during his two years at Appalachian State. He set a school record with 4,002 yards of total offense his first season for the Mountaineers and another school record for the regular season with 33 touchdown passes. His numbers dipped some in 2024 with 3,003 passing yards and 23 touchdowns. He had a career high of 424 yards on 32 completions in a win over East Carolina. Aguilar was intercepted 14 times last season and threw 24 interceptions during his two-year career at Appalachian State.

As news broke last week that UCLA was a likely destination for Iamaleava, Aguilar’s representatives began reaching out to different schools to gauge interest.

UCLA coach DeShaun Foster said two weeks ago that he had “full belief” in what offensive coordinator Tino Sunseri could do with Aguilar because of Sunseri’s “record with one-year quarterbacks.”

Foster said each day in the spring that Aguilar was settling down and “getting more comfortable running the offense.” Aguilar had been on campus for part of only three months. He’ll have about that same amount of time to get ready for the start of preseason practice at Tennessee. He will join redshirt freshman Jake Merklinger and true freshman George MacIntyre as the three scholarship quarterbacks on the roster. Neither has played a meaningful college snap.

Madden Iamaleava, the younger brother of Nico Iamaleava, is expected to join his brother at UCLA, a source told ESPN’s Chris Low on Monday.

The younger Iamaleava, an Arkansas freshman quarterback, will make the move after deciding to enter the NCAA transfer portal, multiple sources confirmed to ESPN earlier in the evening.

Madden Iamaleava was ESPN’s No. 145 overall recruit in the 2025 class and previously spent nearly eight months committed to UCLA before he flipped his pledge to the Razorbacks during the early signing period in December. To date, Iamaleava is the highest-ranked member of the 2025 ESPN 300 to enter the transfer portal during the spring window.

Iamaleava’s exit from Arkansas comes one day after his older brother committed to UCLA out of the transfer portal. Nico Iamaleava landed with the Bruins on Sunday just over one week after Tennessee coach Josh Heupel announced that the Volunteers were moving forward without the former four-star prospect, who left the program after missing multiple team events earlier this month.

Madden Iamaleava was ESPN’s No. 12 pocket passer in the 2025 recruiting cycle. The 6-foot-3 quarterback from Long Beach, California, initially committed to UCLA in May 2024. He remained a member of coach DeShaun Foster’s inaugural signing class up to the start of the early signing period on Dec. 4 before he flipped and signed with Arkansas alongside fellow Bruins pledge and Long Beach Polytechnic High School teammate Jace Brown.

At the time, Madden Iamaleava’s commitment to the Razorbacks marked a major recruiting win for Arkansas coach Sam Pittman, and the freshman passer remained with the program through the end of spring camp earlier this morning. He will enter the portal as one of the most intriguing quarterbacks transfer prospects with four years of eligibility remaining.

Madden Iamaleava did not play during his senior season after he was declared ineligible following his transfer from California’s Warren High School to Long Beach Polytechnic. He led Warren to an 11-3 record in his first season as a starting quarterback as a junior in 2023.

CBS Sports/247 Sports was the first to report the news of Madden Iamaleava deciding to enter the portal.

The NCAA Division I Board of Directors on Monday proposed deleting 153 longstanding rules from its handbook, a move that will allow schools to share financial benefits directly with players — an expected step towards a new era of amateurism in college athletics, but one that remains contingent upon the approval of the House settlement.

NCAA board members met for about four hours on Monday and emerged with nine major proposed legislative changes, including permission for schools to provide direct financial payments to players, including for use of their NIL. NCAA leaders are aiming to reshape the organization’s role and are poised to effectuate sweeping changes by July 1 if the settlement is approved. Schools have until June 15 to decide whether to opt to provide benefits that would be permissible under the settlement for the coming academic year.

Proposed legislation also includes sport-specific roster limits and allowing full scholarships to all student-athletes on a declared roster — a move the NCAA said will double the scholarships available in women’s sports.

The proposed changes would also align with the expected House settlement in that it would allow Power 4 schools and others who choose to offer settlement-related benefits to provide up to $20.5 million in direct financial benefits to players. (Not all Division I schools will choose to operate in the new system enabled by the settlement, as the Ivy League has chosen to opt out and continue to operate under the current structure.)

The new NIL clearinghouse and enforcement arm that aims to coexist with expected settlement terms was also included, along with rules “intended to bring clarity and stability to the NIL environment for all Division I schools.” To prevent schools from trying to circumvent the $20.5 million cap, the NCAA has proposed rules to help add stability and accountability. All players will be required to disclose their NIL agreements if they are greater or equal to $600. Agreements between the player and a third party outside of their school will be reviewed.

The board also approved new rules that would create technology platforms for the schools to monitor their payments to players and for the athletes to report their third-party NIL agreements. There are also steps the players can take if an NIL agreement is considered “outside of the range of compensation” developed by the external, independent clearinghouse.

An enforcement group that will be created and operated by the defendant conferences will aim to “provide oversight for rules relating to the terms of the settlement, including third-party NIL and the annual benefits cap,” according to the NCAA.

Players will still be allowed to hire agents for NIL purposes, but the NCAA will still use certain eligibility rules that have been used to “distinguish Division I athletics from professional sports,” according to a document that summarizes the legislative changes. For the athletes to receive these benefits, the NCAA will require them to be enrolled full-time, meet Division I progress-toward-degree requirements and earn the benefits during their five-year eligibility period.