Memphis Star James Wiseman Leaves School, Preparing For Draft

James Wiseman's NCAA career is officially over ... the Memphis superstar has left the school and will prepare for the NBA Draft.

It shouldn't come as a surprise considering the 18-year-old has been in a complicated battle with the NCAA when he was suspended earlier this season.

7'1" Wiseman was punished after the organization determined his family accepted $11,500 from now-coach Penny Hardaway in 2017.

FYI -- Hardaway was considered a Memphis booster due to a million-dollar donation he made to the school years before taking the coaching gig.

Wiseman was slapped with a 12-game suspension and was ordered to donate $11,500 back to charity in order to return to the court ... but has ultimately…