Flyer88- You are 100% correct, after graduating one doesn't need a release. To take it a step further, if university A willnt grant a release to a specific school. The transferring student-athlete has options. They can still transfer to the university of their choice, but can't receive an athletic scholarship for the first year(different if within the same conference)or two threaten legal action(Horace Dodd). Dodd s parents hired a lawyer Paterno refused to release him to BC 10 ish years ago. Paterno soon folded up like a cheap suit.