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Two issues. If he signed an LOI then it's pretty cut and dry that he will have to sit out a year. And I think he did because SJU issued a press release on him coming to SJU.
If he didn't sign an LOI but he registered for classes at SJU then he'll also need to sit out a year. There is conflicting information on whether he registered for classes at SJU.
I think we should all expect that he won't be eligible until 2018.
You can play somewhere else if you are given a full release from your LOI, which SJU has stated they did.
The only issue is the situation with registered student and took classes.