Profit was born in Charleston, South Carolina. Because his stepfather James Truiett served in the United States Air Force, Profit lived in various Air Force bases as a child including Kirtland Air Force Base in Albuquerque, New Mexico, Howard Air Force Base in the Panama Canal Zone, Dover Air Force Base in Dover, Delaware. In 1995, Profit graduated from Caesar Rodney High School in Camden, Delaware as an honor student who scored over 1,000 on his first attempt at the SAT exam.\n', '

From 1995 to 1999, Profit attended the University of Maryland, College Park. With the Maryland Terrapins basketball team, Profit played as a small forward and earned all-conference all four seasons: Honorable Mention All-ACC as a freshman then for his other three seasons third-team All-ACC. In his junior year, Profit led the ACC in steals with 2.7 steals per game and led the Terrapins in scoring with 15.8 points per game. Profit was an honorable mention All-American as a junior. In his senior year, Profit averaged 12.6 points, 4.6 rebounds, and 2.3 assists per game.\n', '

In the 1999 NBA draft, the Orlando Magic selected Profit in the second round as the 38th pick overall. Profit hoped to transition to a shooting guard professionally. On September 22, 1999, the Magic traded Profit to the Washington Wizards for a second-round draft pick in the 2001 NBA draft.\n', '

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