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).

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* Joshua Knipp and Michael Miller — two students at Wake Forest University School of Law — have posted on SSRN a draft of their interesting paper Finding a Balance: Advocating a Long-Term Solution to the NCAA’s Battle with Technology in Recruiting.

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