John Wall announces declaration

John Wall formally announced his intention to enter the NBA Draft on Thursday.

“People are going to ask what I’m going to do with my money,” said Wall. “I ain’t worried about it. I have one suit. This is the only suit I got. I wear this to every press conference.”

Wall said he’s looking forward to providing for his mother, Frances Pulley, with his first professional contract.

Wall hopes to be the first player selected.

“If I go 1 or 2 — I would love to go 1 — but either way, I’m just going to be happy that I reached my goal and I’m going to set a better life for my mom,” Wall said.

Wall said he has yet to sign with an agent, but that he’s “finalizing” that decision. He said there was “nothing new” to report on a Yahoo! Sports report that was close to signing a deal with LeBron James’ marketing company, LRMR.

“Me and my family are sitting back waiting to finalize anything about business or signing with anybody,” Wall said. “When I make the decision, I’ll let everybody know.”