If Miles did transfer to CU, he would be eligible to play football in the fall, but would have to sit out a transfer year per NCAA rules before playing basketball. CU coaches are not allowed to talk to Miles or about the situation, according to NCAA rules.
Miles was recruited heavily by the Buffs in football coming out of the Commerce City high school. He played running back, defensive back and some quarterback, and was clocked in the 4.4-4.5 range in the 40-yard dash. He also excelled at basketball, and eventually accepted a scholarship to UNM.
However, it appears that Miles' transfer is dependant on him completing course work this summer at Metro State in Denver. Although, according to the Camera, Miles is academically eligible by the NCAA, he needs to finish the summer course work before McKay would grant him a release from his scholarship.