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Haley and Hanna Cavinder, the social media basketball stars who just wrapped their 2022-23 season at Miami, announced Tuesday they will be starting a "new chapter" in their careers and will not pursue a fifth year of NCAA eligibility.

The Cavinder twins are among the most popular collegiate athletes on social media. The two have 4.5 million followers on TikTok and 195,000 on Instagram. Each basketball player on her personal accounts has more than 600,000 followers.

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Hanna Cavinder in the tournament

Hanna Cavinder of the Miami Hurricanes reacts during the Elite Eight round of the NCAA Women's Basketball Tournament game against the LSU Lady Tigers at Bon Secours Wellness Arena on March 26, 2023, in Greenville, South Carolina. (Jacob Kupferman/NCAA Photos via Getty Images)

The players addressed their letter to the University of Miami.

"Thank you for an unforgettable season. The love and support we received from the university and the city was special," the letter posted by Haley Cavinder read.

"We would like to thank our teammates and coaches for bringing us in as family and being a part of a historic season.

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Haley Cavinder vs LSU

Miami's Haley Cavinder moves the ball during the NCAA Women's Basketball Tournament on March 26, 2023, in Greenville, South Carolina. (Jacob Kupferman/NCAA Photos via Getty Images)

"With that being said, Hanna and I have decided to not take our fifth year and start a new chapter in our lives. The U will always be home and we are forever proud to be Hurricanes.

"Lastly, to everyone who has supported us through our basketball journey – we can’t thank you enough for all the love you gave each and every game.

"What started as us playing basketball 16 years ago, turned into something bigger than we could ever imagine."

The Cavinders played at Fresno State from 2019-2022 and transferred to Miami for the 2022-23 season. The Hurricanes were 22-13 in the regular season and were a No. 9 seed in the tournament. The Hurricanes made it all the way to the Elite Eight for the first time in school history.

The Cavinder twins in the Elite Eight

Haley and Hanna Cavinder of the Miami Hurricanes on March 24, 2023, in Greenville, South Carolina. (Jacob Kupferman/NCAA Photos via Getty Images)

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It’s unclear what the Cavinders will do next. One of the NIL deals the twins signed was with WWE. But there appear to be plenty of opportunities for the Cavinders.