Sources close to the 6'1, 170-pounder told Burnt Orange Nation's own Peter Bean that Taylor planned on forgoing his final two seasons of eligibility by declaring for the draft, but Horns Digest is now reporting that the junior to be is now leaning towards returning to school.
Taylor is still in school and working out with the team as he gets to know new head coach Smart, who shared an update on his potential point guard with the Austin American-Statesman:
"My stance with him, really from the first chance I had to talk with him, was we want to support you and help you make the best decision for you and your future. So that's the way we've looked at it."
Former head coach Rick Barnes adopted a similar stance, consistently telling high-level prospects that it was time to move on to the next level. For Taylor, however, it's a much different situation, as he's projected by Draft Express as the No. 50 pick, a draft position that would leave him battling to make a roster without a guaranteed contract.
So the question becomes how much Taylor can raise his stock by returning to school and working to improve the shooting stroke that limited him to 28.2% shooting from three-point range as a sophomore. Perhaps it's a skill that he could develop while playing professionally, though that would almost certainly be in the NBDL or in a foreign league.
Smart said that Taylor is "still processing everything," so the discussions between Taylor, his head coach, and those close to him are apparently ongoing with a significant part of the 2015-16 team's upside hanging in the balance.