The "one-and-done" rule has been around since 2005 when it was implemented in a new Collective Bargaining Agreement before that season. It's led to such busts as Shawne Williams, Greg Oden, Byron Mullens, Anthony Bennett and Daniel Orton over the year and has needed some reforms.
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Some people have been calling for a change on the rule as it's diluted the talent at the collegiate level and has given us some truly bad NBA Draft picks over the years. It seems that the rule is here to stay for another few years until the next CBA is agreed upon.
While some college coaches have been able to make it work like Duke's Coach K and Kentucky's John Calipari. They've been able to pick up the cream of the crop in the recruiting world and have made those guys into top picks. Guys like Karl-Anthony Towns, Jahlil Okafor, Jabari Parker, Anthony Davis, and John Wall have all been successful players that went one-and-done and picked in the top three of the Draft.
However, there's been a movement recently that's been calling for a better system like what MLB does with the NCAA. They allow players to get taken out of high school, but if they go to college then they have to stay at least three years and can get drafted again. The NBA could do two years so players don't lose all of their athleticism or risk injuries as much as well.
