The University of Memphis men's basketball program has been placed on probation for three years and received a $5,000 fine for Level II and Level III recruiting violations by the NCAA.
Matt NorlanderNews: Here are the penalties levied by the IARP against Memphis in the James Wiseman case. <br><br>Relatively light, on first glance. <a href="https://t.co/aDh77ZKw8H">pic.twitter.com/aDh77ZKw8H</a>
The penalty came after allegations that head coach Penny Hardaway paid former player James Wiseman and his family $11,500 to move to Memphis while he was still in high school, per Jeff Goodman of Stadium.
The Independent Resolution Panel also ruled Memphis must vacate all wins involving Wiseman, which amounted to just three games.