I'll post this straight from the email I received from the University at Albany. 

"Anthony Raffa, a freshman on the University at Albany basketball team, was granted a permission to speak release today with regard to transferring to another institution and potentially participating in men's basketball. Raffa personally received the document from the compliance office at 1 p.m." 

If I can figure this out, it looks as if Raffa will be able to look elsewhere beginning today.