The 6-foot-8 forward, who averaged 12.5 points and 5.8 rebounds this past season, was contemplating declaring for the NBA draft. Multiple NBA executives told ESPN that Layman was projected to go somewhere in the 25 to 45 range.
"We did our homework, took our time and worked with the Laymans to ensure the best decision for Jake," Turgeon said in a statement. "We are thrilled to have Jake return for his senior season."
With Layman and point guard Melo Trimble back, the Terps will be a Final Four contender. Turgeon's team also returns Dion Wiley and Jared Nickens, and it adds two big men in Georgia Tech transfer Robert Carter and heralded freshman Diamond Stone.
"I would like to thank Coach Turgeon for his guidance during this process," Layman said in the statement. "Maryland is my home, and we had great success this year. There is so much to look forward to next season, and I'm excited to be a part of it."
Maryland finished 27-8 this past season and lost to West Virginia in the round of 32.