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I've googled this until I'm blind. I find no clear explanation in any one place, but this is what I piece together.
If you don't withdraw from the NBA draft by 11:59 May 31, you remain in the draft. You do NOT lose your college eligibility.
If you are NOT drafted on June 22, you can still go back to college. You have four days, until June 26, to decide.
Why, then, would you withdraw on May 31?
1. Because you otherwise might get drafted deep in the second round, trading your college eligibility for, at best, a longshot opportunity.
2. Because you only get two shots at the draft. If you aren't drafted, you can go back to college, but you're down to one more shot at the draft.
Clarification welcome.
If you don't withdraw from the NBA draft by 11:59 May 31, you remain in the draft. You do NOT lose your college eligibility.
If you are NOT drafted on June 22, you can still go back to college. You have four days, until June 26, to decide.
Why, then, would you withdraw on May 31?
1. Because you otherwise might get drafted deep in the second round, trading your college eligibility for, at best, a longshot opportunity.
2. Because you only get two shots at the draft. If you aren't drafted, you can go back to college, but you're down to one more shot at the draft.
Clarification welcome.