Nick Saban touts Trump's NCAA executive order

Legendary coach Nick Saban discusses advising President Donald Trump on a new executive order aimed at reining in the NCAA, warning that without new regulations on transfers and eligibility, college athletics face 'chaos' and financial ruin.

NEW You can now listen to Fox News articles!

President Donald Trump is ramping up pressure on Congress to overhaul college sports, warning the system could be "lost forever" as a White House-backed committee pushes sweeping changes to rein in athlete pay, transfers and soaring costs.

The proposals include creating a task force to examine pooled media rights, limits on coaching salaries, rewritten eligibility rules and changes to the transfer portal, according to a draft document obtained by Yahoo Sports and reported by The Associated Press .

The push builds on a recent executive order from Trump, which described college athletics as an "out-of-control financial arms race" fueled by loosening rules around player…