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Memphis basketball, Penny Hardaway are taking a big risk with James Wiseman | Giannotto

(Photo: Joe Rondone, Joe Rondone/The Commercial Appeal)

There was risk and reward to be had in hiring Penny Hardaway as the Memphis men’s basketball coach.

The rewards have been plentiful thus far. A No. 1 recruiting class. A full FedExForum. A national championship contender. A return to relevancy, both locally and across the college basketball world.

The risk arrived Friday night, in the hours leading up to the Tigers’ 92-46 win over Illinois-Chicago. The risk was how this all happened.

It’s a question that lingered beneath the surface throughout the past 12 months, once James Wiseman committed to Memphis.