Pitt, Kansas and North Carolina State were reportedly in the running for Schaeffer's services earlier but are no longer being mentioned. N.C. State shows up on UT's schedule in 2008, so Tennessee officials might not be willing to release him to a school the Vols will play during Schaeffer's college career.
Last fall Schaeffer started UT's opener against Nevada-Las Vegas, becoming the first true freshman to start an SEC opener at QB since 1945. He also started Games 2 and 3 -- compiling a 3-0 record -- before surrendering the first-team job to fellow freshman Erik Ainge.
Schaeffer suffered a broken collarbone in Game 8 at South Carolina and did not play again except for a brief relief stint in the Cotton Bowl against Texas A&M.
With Ainge considered the odds-on favorite to win the QB job, Schaeffer saw some work as a receiver and kick returner during the early days of spring practice. Although Schaeffer insisted he planned to stay at UT, most observers felt he would transfer soon after spring practice ended.
A transfer became even more likely once Schaeffer and teammate Bret Smith were arrested on misdemeanor assault charges in April. Both were suspended from the team and missed the Orange & White game. Their preliminary hearing on the assault charge has been rescheduled for June 9.