Hood averaged 10.3 points and 4.8 rebounds per game while shooting 36 percent from three and 44 percent overall as a freshman.
Per NCAA rules Hood will have to sit out the 2012-2013 season, but will be able to practice with the Blue Devils throughout the coming season. He is expected to enroll for summer school in Durham.
Upon announcing his decision to transfer from MSU, Hood had a number of options including Ohio State, Florida State, Louisville, Marquette, and Georgetown. However, he quickly reduced his list to the Blue Devils and Buckeyes before deciding on Saturday.
When it came to the Blue Devil program, the biggest selling point was head coach Mike Krzyzewski.
"Duke is self explanatory," Hood previously explained to Scout.com. "Coach K is the best coach in college basketball, and their assistant coaches are also great at developing pros. Duke is just the highest level of college basketball."
Hood was ranked No. 26 overall in the 2011 recruiting class.