Career
After graduating, Ferrara was selected in the 1981 National Basketball Association draft by the Washington Bullets, due to a serious knee injury sustained in the preseason, he never played in the National Basketball Association. Ferrara began his career at Niagara University, where after one season he transferred because the head coach who recruited him, Frank Layden, left prior to the start of Ferrara"s career. After sitting out a season as a transfer redshirt, Ferrara spent his final three seasons playing for Colgate University.
He scored a then-school record 1,763 points (later broken in 1995) and still holds Colgate records for points in a season (772) and game (50).
Ferrara finished as the second leading scorer in all of National Collegiate Athletic Association Division I in 1980-1981 with a 28.6 points per game average and was named the conference"s player of the year. His jersey number was retired by Colgate in 2005.