Currently Rankin has scholarship offers from Wake Forest, Clemson, N.C. State, Louisiana Tech and South Carolina. But there's plenty more that have made contact -- North Carolina, Ohio State, Marquette, Kansas, Oklahoma, Mississippi and Duke.
On June 15, Roy Williams and his staff welcomed Rankin and his family on a campus visit. It was Rankin's first unofficial visit to Chapel Hill.
"It went real well," Rankin said. "I like the environment out here. I got the chance to see some of their player's play and some of their alumni came in. I got to meet some of them. It was pretty good."
According to Rankin, the Heels were a little late to the party, but in April they watched him work out. Since then North Carolina has recruited him as hard as anyone.
"They've been in the mix ever since they came and watched me work out when I came back from Dave Telep's Carolina Challenge," he said. "Ever since then I've been talking to their coaches and I've gotten to know them and they've been at the top of my list."
While at North Carolina, Rankin and his father got a chance to chat with the Tar Heel staff. During the conversation, Williams said that they wanted to see a little more of him before they offered him a scholarship.
"They sat down with me and they said they want to see me in July," Rankin said. "Coach Williams hasn't seen me play. He's just going by what his assistants say. He said he's not going to just offer me based off what they say. He said don't take it in a negative way, but take it as a positive."
Despite jumping in his recruitment a bit late, North Carolina has made up quite a bit of ground, as the Tar Heels now share the lead with another ACC program.
[Wake Forest and North Carolina] are standing out to me the most," Rankin said. "I talk to them a lot, but I think that I feel better when I talk to Coach Roy and Coach [Dino] Gaudio. Those two are the ones that I've talked to the most."
Going forward, Rankin doesn't want to let his recruitment last much longer. He's even hoping to come up with a decision shortly after July.
"Me and my dad talked a lot this week," he said. "We both came to the decision that we are going to end it early. We were talking about doing it after the summer. We want to see what happens during the evaluation period."
Rankin, who is ranked the No. 4 point guard in the 2011 class by Scout.com and the No. 16 prospect overall, begins the summer in Cincinnati at the adidas It Takes 5ive Classic playing for the United Celtics.