Sebastian Telfair will not be the only local guard entering the NBA draft, joining J.R. Smith in announcing his intentions to enter the NBA straight out of high school.

Smith, however, still has the option of going to North Carolina after decaring he will not be hiring an agent.

Telfair's announcement will end months of speculation, and quash any thoughts of his ever suiting up for Rick Pitino at Louisville. The 5-11 point guard from Lincoln is also expected to announce that he has signed an endorsement contract with a major sneaker/apparel company, likely Adidas.