Telfair: To announce intentions May 5

Sebastian Telfair is expected to announce his intentions at a May 5 press conference in New York City.

According to's Dave Telep, University of Louisville signee Sebastian Telfair will announce his intentions on May 5.

According to Telep's sources, Telfair will declare his intentions to enter the 2004 NBA Draft. He's also expected to sign a lucrative endorsement deal with shoe giant adidas. Reports earlier this week indicated that the financial impact of the deal for Telfair could be in the 10-20 million dollar range.

A McDonald's All-American, Telfair would become the first player under 6-foot-5 to declare for the draft directly out of high school.

He averaged 31 points per game for Brooklyn Lincoln High School as a senior, leading the Railsplitters to a third consectuive PSAL city title.

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