Purdue is still in the running for the a few Fifth Year Transfers, but there is no news of a commitment as far as I know. There are also some new names available that I will add here.
For reference, here is the original list I cobbled together of possible fifth-year guys. I will eliminate the ones that Purdue either cannot get or really shouldn't get (like the Hofstra guys who did nothing at a bad school) and try to focus more on news of legitimate targets and new names.
Brian Williams - Oklahoma State - Williams faced Purdue this season and has announced his decision to transfer since he will graduate and be immediately eligible. With Marcus Smart leaving Williams was expected to play a major role for the Cowboys. He was an experienced 6'5" guard averaging 23 minutes per game and 6.2 points. He played more as a freshman in 2012, averaging 9.6 points. He's not much of a shooter or distributor, however.
Justin Martin - Xavier - Martin's name is coming up more and more as he is from Indianapolis and is a decent three-point shooter at 37% this past season. He is a versatile 6'6" forward at 11.7 points and 5.2 rebounds per game, so he can step outside and hit the three, score, and rebound. Purdue is all-too-familiar with him, as he hurt us pretty badly in the 2011-12 and 2012-13 games.
Desmond Simmons - Washington - If Purdue is looking for more of a traditional 4 it should consider Simmons from Washington. The numbers aren't stellar, but he is solid at 5.2 points and 4.6 rebounds, plus he can hit the occasional three as a 6'7" forward. Think of him as Errick Peck from this past season. He is also known for his hustle and defense, something we could definitely use.
Matt Carlino - BYU - Carlino is one of the top 5th year targets in the country and has reportedly heard from Purdue, Oklahoma State, Pittsburgh, and Memphis. There is no definite news on him, however, as he is a bit of a vagabond. He played HS ball at Bloomington South and in Arizona. He originally committed to Indiana, before starting at UCLA and transferring to BYU, and now a fourth school.
Ian Chiles - IUPUI - Chiles averaged 15.8 points this past season as a guard for IUPUI and would be immediately eligible. He played in only four games in 2012-13 due to injury, so he has a year left. Auburn is reportedly interested, but being close to Indy could have Purdue in the game.
M.J. Rhett - Tennessee State - He was a double-double machine last year, but is off to Mississippi.
Bryce Dejean-Jones - UNLV - He is off to Iowa State.
K.C. Ross-Miller - New Mexico State - He was a point guard on an NCAA team that averaged 8.3 points and 3.5 assists while shooting 40% from three before missing the last six games because of a suspension. He is still on the market.
Austin Etherington - Indiana - He is off to Butler.
Jeylani Dublin - Longwood - Averaged 10.4 points and 4.2 rebounds while shooting 55% for Longwood as a 6'6" forward. Still on the market.