Andrew Luck, the Stanford University quarterback and Heisman Trophy runner-up, says he will be staying with the Cardinal next season, according to the university's athletic department.
Luck, a redshirt sophomore from Houston, Texas, had been projected by many to be the first quarterback taken - and perhaps the first pick - in the NFL draft.
ESPN reported Tuesday that high-ranking officials with the Carolina Panthers, the NFL's worst team this year, said they would take Luck with the first pick, and SI.com's Andrew Perloff predicted Luck would go to the Panthers if he entered the draft.
NFL rules require that underclassmen declare early whether they intend to enter the draft. January 15 is their deadline.
"I am committed to earning my degree in architectural design from Stanford University and am on track to accomplish this at the completion of the spring quarter of 2012," Luck said in a Stanford news release.