What makes you say Chandlers eligibility is a long shot?
Because Chandler has a very spotty academic record and has been linked to scandal at UCF. The NCAA has not yet granted him clearance to play college basketball and it is not a given that they will do so. (See what happened with Sampson, Pelle and Garrett, and you have to assume Chandler is on even shakier ground than those three were.)
http://www.zagsblog.com/2012/03/17/big-man-mike-chandler-waiting-to-hear-from-ncaa/
His academic record in the past doesn't mean he won't get cleared now. He has completed work since then. To say it is a "long shot" is an assumption because you don't know. His clearance has nothing to do with what happened at UCF. Louisville has a player who was in the same situation at UCF and played last year and was cleared. Let's just wait and see.
Yes, long shot based on assumption. We will certainly have to wait and see. However, Sampson, Garrett and Pelle also "completed work" and look where it got them? From what we have learned about Chandler's academic history, he does appear to be a long shot in my mind compared to last year's trio of recruits whose eligibility was a "sure thing" based on their successfully completing course work over the summer.
Remember our shock and pain when they weren't able to enroll at St John's last fall?
I get the impression, with the time lost taking online courses, Chandler may have too much ground to make up to enroll at a 4-year institution and play basketball — even if he is is 6'-10" and talented.
And it's not like we have a very good track record with the NCAA dating back to Walter Berry.