NC State sophomore Terquavion Smith, a projected first-round pick, will declare for the 2023 NBA draft, he told ESPN on Tuesday.

"I'm forgoing my college eligibility and going all the way in," Smith said. "I'm thankful for everything the NC State coaching staff and fans have done for me. This is the right decision for me to take care of my family."

Smith, the No. 30 prospect in the ESPN 100, was named to the All-ACC second team after leading NC State in scoring (17.9 points), assists (4.1) and steals (1.5). Smith finished as the second-leading scorer in the ACC as well as the second most prolific 3-point shooter with 91 makes on the season.

"I showed a lot of different things this year," Smith said. "Teams wanted to see me be more of a point guard, making the right play, making the right decisions. They wanted to see me improve my finishing, and I increased that. I showed I can be a leader."