James Wiseman has withdrawn his lawsuit against the NCAA, indicating a settlement could be in the works.
Wiseman and his legal team filed a notice of voluntary nonsuit Thursday in a show of good faith toward the NCAA just days before a hearing in Shelby County Chancery court was scheduled for Nov. 18.
The firms representing Wiseman, Ballin, Ballin and Fishman, as well as Farese, Farese and Farese, issued a statement: “It has become clear to Mr. Wiseman that the lawsuit he filed last week has become an impediment to the University of Memphis in its efforts to reach a fair and equitable resolution with the NCAA concerning his eligibility status. Therefore, Mr. Wiseman advised his legal team that he wished to withdraw his lawsuit. There will be no further comment at this time.”