In a statement announced on Friday, May 20, via IU Media Relations, Bobby Capobianco has decided to transfer from Indiana University to another school for his final two seasons of collegiate basketball.
"I thoroughly enjoyed my time here at Indiana, but I want to look for an opportunity to further my basketball and academic career at another institution," Capobianco said. "I value the experience that I have had here and appreciate everything the coaches and basketball staff have done for me.
"I am looking forward to this new chapter, and will always have very strong feelings for my teammates, coaches and everyone associated with IU."
Indiana head coach Tom Crean also released a statement on the matter.
"Bobby has decided to go for a fresh start and transfer to a school where he can have three years to play two," Crean said. "He has indicated he would like the opportunity to find a program where he can get more playing time and continue his education.
"We will help him accomplish this move in any way we can and we all really want to see Bobby be successful.
This now leaves the Hoosiers with 12 scholarship players for the upcoming 2011-2012 season.
In two seasons, Capobianco averaged 1.7 points and 2.0 rebounds and was an Academic All-Big Ten honoree this past spring.
(h/t to Inside the Hall and IDS Sports)