According to Mike Sullivan of TheInsidersHoops.com, Palacios will instead announce his college intentions next week.
Sullivan, who spoke with Our Savior New America Head Coach Ron Stelzer moments ago, just informed ITV of the update.
Sullivan told ITV that Stelzer said that no announcement will be made today and that Tello would contemplate his decision over the weekend and then make an announcement at a press conference next week.
Also per Sullivan's conversation with Stelzer, Tello has a favorite in mind, but declined to comment as to who.
Stay logged onto InsidetheVille.com for the latest news regarding Tello Palacios' college decision.