Drexel wing Damion Lee told ESPN he plans to graduate in June and play immediately at another school in the fall.
Lee, a 6-foot-6 native of Baltimore, was leading the CAA in scoring when he suffered a season-ending right hand fracture in February.
Lee also missed most of the 2013-14 season after tearing his ACL.
This past season, Lee averaged 21.4 points and 6.1 rebounds while shooting 38.5 percent from 3-point range and 88.7 percent from the free throw line.
Lee is expected to be one of the most sought-after available players this offseason, given his status as a graduate transfer.