You can continue as an athletic recruit until you have to make a decision to do something like apply ED to a school, either for the athletic spot or to a school where you’d rather attend then play the sport (assuming the higher ranking schools are not recruiting you).
Being recruited may get you into a school that you really like but that’s hard to get into without that hook.
I wouldn’t say it is a green flag to get into med school, but many grad schools and employers do like to admit/hire athletes. When my daughter went to her first interview, we practiced a few questions and how she’d answer them. When she came back from the interview (for an engineering job) she said all they wanted to talk about was her team, what it was like to play, how the team was doing that year, etc. It takes a lot to stay organized with studies and athletics, but thousands of students do it every year and it can show organizational skills.
I say play if you enjoy it, drop it if you don’t. Either way I don’t think you have to drop it right now but can wait until farther into the fall. If a coach makes you an offer and you don’t want to play at that school, tell him that and he’ll either more on or give you more time. It really depends on how much the coach wants you.