First, the news:
There are some limitations to how this will work, but the long and short of it is that the vast bulk of transfers will be able to play immediately rather than having to sit a year before suiting up for their new teams. The D1 Council has voted to adopt the rule and the Board of Directors will vote on April 28th on ratifying it.
This rule will allow any player who has not transferred before and who is hitting certain markers on academics to transfer without having to sit a year.