The NBA's one-and-done rule requires that a player be 19 years of age plus one year removed from high school (with "from high school" meaning having graduated from high school or one's class having graduated) in order to be eligible for the NBA draft. It's presumed that a player will attend college in that "one year removed" and save for Brandon Jennings, it's held true. Jennings, in contrast, has opted to play professionally in Italy while waiting to become eligible for the 2009 NBA Draft (he's likely going to be a top 10 pick). In addition to living in a rent-free luxury apartment in downtown Rome, among enjoying many other perks, Jennings is reportedly earning around $1 million this year, after tax, between basketball and endorsement income (in fact, he stands to earn more in endorsement income this year than any pick from the 2008 NBA Draft, save for the top three players selected, Michael Beasely, Derrick Rose, and O.J. Mayo).
Pete Thamel of the New York Times reports that high school junior Jeremy Tyler, thought to be the best young big man since Greg Oden, has also decided to play professionally in Europe. But Tyler plans to play in Europe a year earlier than his "one year removed." Indeed, he intends to spend what would be his senior year in high school playing professionally in Europe, most likely in Spain. Tyler's decision is consistent with the NBA's age limit, as his high school graduating class will graduate in June 2010 and thus Tyler will be eligible for the 2011 NBA Draft, where he's projected by some to be the top pick.
Tyler has apparently decided that he'd like to earn income off of his talents as soon as the market lets him, rather than waiting for an artificial two-year delay, during which time he could get hurt. Some may worry about whether Tyler's emotionally "ready" to turn pro, though I hope those same folks worried about Freddy Adu and Michelle Wie turning pro at younger ages, and I hope they are equally worried that many European pro players are younger than Tyler -- Danilo Gallinari, the Knicks' first round pick last year, was a pro in Europe at 15; fellow Celtics fans may remember Jiri Welsch, he too was a pro at 15 in Europe. Similarly, we don't hear people too concerned about Dakota Fanning and the Olson Twins and the many other child stars earning income off of their talents.
Here are a couple of excerpts from Thamel's story:
For the rest of Thamel's story, click here. For additional perspectives see The Week and Money Players.* * *Tyler, 17, would become the first United States-born player to leave high school early to play professionally overseas. He is expected to return in two years, when he is projected to be a top pick, if not the No. 1 pick, in the 2011 NBA draft.
Tyler, who had orally committed to play for Rick Pitino at Louisville, has yet to sign with an agent or a professional team. His likely destination is Spain, though teams from other European leagues have shown interest. A spokesman for Louisville said the university could not comment about Tyler.
“Nowadays people look to college for more off-the-court stuff versus being in the gym and getting better,” Tyler said. “If you’re really focused on getting better, you go play pro somewhere. Pro guys will get you way better than playing against college guys.”
His decision is perhaps the most important one since Kevin Garnett jumped straight to the N.B.A. from high school in 1995.
* * *But Brandon Jennings, a point guard from Los Angeles, became the first player to graduate from high school, skip college and play professionally in Europe. (Whether Jennings would have qualified academically to play at Arizona, where he had signed a letter of intent, is unknown.) He is in his first season with Lottomatica Virtus Roma in Italy and is projected as a high pick in the N.B.A. draft in June.
Tyler took Jennings’s path and added a compelling twist, perhaps opening the door for other elite high school basketball players to follow.
Sonny Vaccaro, a former sneaker company executive, orchestrated Jennings’s move and has guided Tyler and his family through the process.
“It’s significant because it shows the curiosity for the American player just refusing to accept what he’s told he has to do,” Vaccaro said. “We’re getting closer to the European reality of a professional at a young age. Basically, Jeremy Tyler is saying, ‘Why do I have to go to high school?’ ”
Vaccaro said he was unsure how much money Tyler would make, though it will most likely be less than the $1.2 million Jennings made in a combination of salary and endorsements this season. Vaccaro said Tyler would make a six-figure salary, noting that the economic crisis in Europe could hurt his earnings.
Vaccaro made his name by signing Michael Jordan to Nike in the mid-1980s and has advised numerous elite players over the years. “I believe he’ll be a 10-time All-Star with his ability,” Vaccaro said of Tyler.* * *
For empirical research on high school players and the NBA Draft, see my law review article Illegal Defense: The Irrational Economics of Banning High School Players from the NBA Draft and my study NBA Players That Get in Trouble with the Law: Do Age and Education Level Matter? and my research on points/boards/assists as featured in ESPN The Magazine. Also be sure to see Alan Milstein's comments from a New York Law School sports law symposium a month ago about a Taylor-like situation happening and the legal fallout.
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