FRISCO, Texas — In the midst of a press conference following the Big 12 Spring Meetings on Wednesday, Arizona’s head basketball coach, Tommy Lloyd, discreetly glanced at his phone.
Lloyd had mentioned beforehand that he might do so, and his actions were entirely understandable given the circumstances.
As the sixth-year coach of Arizona, Lloyd was managing several responsibilities simultaneously. Seated next to West Virginia’s Ross Hodge and Big 12’s chief basketball officer, Brian Thornton, at the Omni PGA Frisco Resort, Lloyd was deeply engaged in discussions about potential rule changes, the debate over playing 18 or 20 conference games, and the implications of Name, Image, and Likeness (NIL) agreements. Concurrently, he was keenly awaiting a decision from Koa Peat, his second-leading scorer from the previous season, who played a pivotal role in helping the Wildcats reach their first Final Four since 2001.
It was a hectic day.
During a moment of genuine curiosity, I asked Lloyd how he was navigating Peat’s situation, considering the evolving landscape that college coaches and players must now contend with. Historically, NCAA rules limited compensation to scholarships, making it almost unthinkable to convince a potential first-round NBA Draft pick, guaranteed a substantial contract, to remain in college. However, times have changed. Colleges can now, in some cases, offer more lucrative deals than the slotted salaries available to drafted players, providing millions as an incentive for top prospects to continue their college careers.
So, at one point, I asked Lloyd, out of genuine curiosity, how he’s handled Peat’s situation given that it’s a relatively new set of circumstances for college coaches and players to navigate. Let me explain. For most of the history of the NCAA, when offering anything more than a scholarship wasn’t allowed, if you were coaching a likely first-round pick in the NBA Draft with a guaranteed contract waiting for him at the next level, it was mostly seen as ridiculous to even try to talk him into passing on that to return to school. But, you might’ve heard, colleges are now in a position, in many cases, to outbid what’s available as a slotted salary for drafted players and offer millions of dollars to get legitimate prospects to return to school.
And so they do!
And, all over the country, it’s been effective.
Florida kept definite-first-round-pick Thomas Haugh out of the draft by helping create a package that’s reportedly close to $10 million. That’s more than he would’ve likely made in the NBA next season — so he’ll be back in a Gators’ uniform. UConn kept definite-first-round pick Braylon Mullins out of the draft by helping create a package that’s reportedly worth around $4 to $5 million. That’s more than he would’ve likely made in the NBA next season — so he’ll be back in a Huskies’ uniform.
What those developments show is that it’s no longer ridiculous to recruit possible first-round picks back to the school. In fact, it’s very normal. So, circling back, I asked Lloyd how he’s handled the situation.
In part, here’s what he said: “It’s the player’s race to run — and you have to respect that. But you set a criteria of what’s gonna help them make their decision, and then, ultimately, you have to support them. These aren’t easy decisions. I mean, in my mind, I think a lot of things in life you get a second chance to do. You pick a school and you can transfer. You can get married, get divorced and get married again.”
Lloyd’s point?
The decision Peat had to make wasn’t one of those but instead an irreversible one. If he decided to leave college basketball and sign an NBA contract, there’s no going back. So, Lloyd acknowledged, he’s spent real time in recent weeks trying to straddle that line with Peat, supporting him in his dream to get to the NBA (presumably as soon as possible in an attempt to reach his second contract as early as possible) while also making him aware that a better and more-lucrative deal might actually be available at Arizona.
“It’s a fine line,” Lloyd said. “College coaches … I think we always get looked at as selfish, you know, if you’re trying to keep the players in the program. And obviously you want good players and good kids in your program. So, yeah, it can make it a delicate situation. There’s no doubt about that.”
As you probably heard, about eight hours after Lloyd shared those thoughts, it was reported that Peat will forgo his college eligibility and remain in the 2026 NBA Draft despite the fact that millions of dollars were available to him at Arizona and despite the likelihood that he’ll be picked lower than Haugh or Mullins would’ve been selected had they opted to enter and stay in the draft.
Is it the dumbest draft-decision I’ve ever seen?
NBA Draft withdrawal deadline winners and losers: St. John’s lands Tounde Yessoufou, Koa Peat spurns Arizona
Cameron Salerno
Not even close.
But it’s undeniably a questionable one given how the predraft process has gone for Peat. Simply put, whatever reputation he created as a prospect while being named USA Basketball’s Male Athlete of the Year in 2023 and a McDonald’s All-American in 2025 has been diminished. The on-the-court evaluation is now this: Peat is a 6-foot-7 forward who can’t reliably shoot from the perimeter. That can work in college but is not a great combination for the NBA. And it would’ve been one thing if Peat had done anything at the combine to alleviate concerns — but he didn’t. He shot it poorly. It looked awkward. The feedback wasn’t great. All of which caused many to suggest the smartest/best move Peat could make would be to return to Arizona and be the best player on a preseason top-10 team while improving his game in advance of entering what will next year be a much-weaker draft.
Instead, Peat chose the alternative.
And, honestly, I’m sure he’ll be fine. Peat is represented by Klutch Sports Group, which got Bronny James selected 55th in the 2024 NBA Draft. Finding Peat a nice landing spot should be simpler by comparison. But, all of that said, I do wonder whether Peat will someday look back with regret at his decision because, like Lloyd noted, once Peat signs a real NBA contract, which he will, there’s no going back.
Obviously, anybody trying to tell you they know exactly how Peat’s career will unfold from here is playing a guessing game. But I do think it’s reasonable to assume — given his age, his current skillset and where he’ll likely be picked — that Peat will probably spend next season either mostly sitting on an NBA bench or developing in the G League. To each his own. But when the alternative to that was being the best player in one of college basketball’s top programs at the rate of millions of dollars, playing high-stakes games in front of sold-out crowds and starting every one of them on the way to a possible second trip to the Final Four, well, it’s easy to see why Haugh and Mullins decided to run a different race in this moment, and a little harder to get why Peat opted to sprint to a place that more or less told him he’d probably be better off slowing down.
