Five-star freshman James Wiseman has formally withdrawn his lawsuit against the NCAA and Memphis and, as CBS Sports reported Wednesday night, is in the process of resolving his eligibility issues. In the meantime, Memphis announced Thursday that it has ruled Wiseman ineligible. The school is now applying for reinstatement and will withhold Wiseman from competition until further notice. SUBSCRIBE TO OUR CHANNEL: https://www.youtube.com/user/CBSSports FOLLOW US ON: Facebook - https://www.facebook.com/CBSSports/ Instagram - https://www.instagram.com/cbssports/ Twitter - https://twitter.com/CBSSports #CollegeBasketball #JamesWiseman #Memphis #tigers #memphistigers #ncaa #ncaabb #basketball #ncaabasketball