A few things:
1) You never really know good a HS standout is going to be at the college level.
2) That said, Bassett was a huge recruit. Everyone wanted him.
3) I know he's still a youth. But I question why a guy would flip.
4) Did the money in the deal change?
5) Makes Bassett look bad IMHO. He made Iowa look really bad. You don't flip unless it's a very specific reason.