The 6-foot-4 guard confirmed the move Monday at a news conference. Most expect him to be a top-10 pick in the June draft.
"I'm doing this to compete at the highest level, not for the fame or the money," Gordon said.
Gordon set Indiana and Big Ten freshman scoring records. He was the conference's Freshman of the Year and was a third-team Associated Press All-American.
XAVIER: Point guard Drew Lavender was arrested early Sunday morning on charges of disorderly conduct and possession of marijuana.
Police said they searched Lavender and found marijuana on him. He was released after posting $2,000 bond.
OKLAHOMA STATE: The school will pay Sean Sutton $2.7 million over 10 years as part of a settlement between the university and the former coach who resigned under pressure last week.
MIAMI: Coach Frank Haith signed a five-year contract through 2012-13. Haith led the school to 23 wins and its first NCAA berth since 2002.