Here's a great article from Doug Lesmerises at cleveland.com:

"During the session, Meyer explained, as he has many times before, the system he uses to classify players as they fulfill their responsibilities on and off the field. Blue is the lowest group ("freshmen or knuckleheads," Meyer said), red is the middle group and gold is the highest group.

Players in gold gain privileges, like the ability to move off campus without question, the chance to switch jersey numbers if wanted and the ability to handle their academic work without constant checks.

Jones was asked during the session if he's in gold. He's red. Braxton Miller and J.T. Barrett? "They're in gold," Jones said in an interview with reporters after the event."

http://www.cleveland.com/osu/index.ssf/2015/07/cardale_jones_ohio_state_...