There is something else to the story. He says he wants to leave so he can play right away, but it's more likely he'll have to sit out another year rather than a semester. I guess he could go JUCO or D2, but why would you do that when you are eligible and only need to wait until December? Shady.
I found this ....
Gilchrist, who enrolled at Maryland in January, was to have 2 1/2 years of eligibility beginning in December. But Gilchrist decided he is willing to sit out the 2008-09 season, as NCAA transfer rules require, so he could have four years of eligibility remaining once he becomes eligible at another school, according to his trainer, Terrelle Woody.
"The difference is that if he sits out the whole year, he still comes back with four years of eligibility" in the fall of 2009, Woody said. "At Maryland, it would be [2 1/2 ] years of eligibility. He is a young kid so he needs his opportunity to play four years of college basketball."
Gilchrist, who originally signed with Virginia Tech, was required to sit out a year before he was eligible at Maryland because of ACC intra-conference transfer rules. Maryland filed one appeal with the ACC in November, and Woody said another was filed with the conference in April. Both were unsuccessful.