Iowa State junior Craig Brackins and Cyclones teammate Marquis Gilstrap are both expected to declare for the NBA Draft.
A source close to the situation told FOXSports.com that both players will make an announcement in the next few days.
Iowa State lost to Texas, 82-75, in the first round of the Big 12 tournament on Wednesday night.
It's expected that the 6-foot-10, 230-pound Brackins, a California native, will ultimately sign with an agent.
He earned a spot on the Big 12 all-league first team as a sophomore last season and still had a solid year as a junior, averaging 16.5 points and 8.6 rebounds.
According to NBA executives, Brackins' stock has fallen this season, but he could still be a first-round pick in the June NBA Draft.
The 6-foot-7, 215-pound Gilstrap came into the program this season from the junior college ranks and averaged 14.8 points and 9.4 rebounds while shooting 38 percent from beyond the arc.
Gilstrap played this season as a senior and was going to appeal for a sixth year of eligibility before deciding this week to test the waters.