James Wiseman has withdrawn his lawsuit against Memphis and the NCAA. Wiseman is now awaiting a resolution from the NCAA.
Wiseman is a freshman at Memphis and a candidate to be the first overall pick in the 2020 NBA Draft.
Wiseman has been ruled ineligible for receiving improper benefits from Penny Hardaway before Hardaway was hired as head coach. Memphis has supported Wiseman's suit even while named as a defendant. The suit claims Wiseman didn't know about the money given to his family in the summer of 2017 to help with moving expenses.