Ferrell to announce decision on April 25

Indiana's Yogi Ferrell will announce whether he will stay or leave at 7:30 p.m. on April 25. Read the full story here.

Indiana guard Yogi Ferrell will announce whether he will leave for the NBA or stay in school for his season season at a private dinner on April 25, AllHoosiers.com has confirmed. The decision will come at 7:30 p.m. at Ruth's Chris Steakhouse in Indianapolis at a dinner party attended only by friends and family.

The decision to do a formal announcement is an interesting one. Ferrell is projected by most to be a late second round pick if he's selected at all, and he'll make the decision on the Saturday of the Little 500, perhaps the biggest party night of the year in Bloomington.

If Ferrell returns to school, Indiana is likely to be a preseason top 15 team. If he doesn't, the Hoosiers will be without a true point guard unless they successfully recruit one late in the 2015 class.

Stay tuned for more information on this story.

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