Texas guard Eric Davis will not play in his team's game Saturday while the school investigates Yahoo's report that dropped early Friday morning.
Friday morning, Yahoo's Pat Forde and Pete Thamel dropped a bombshell report that implicates over 20 college basketball programs and over 25 current or former athletes. Texas guard Eric Davis was one of the players listed as allegedly receiving a loan from ASM Sports.
As a result, Texas says it's going to hold Davis out of activities until the school has time to investigate the matter. Texas will reportedly conduct an "internal review" into Yahoo's report.
Texas head coach Shaka Smart released a statement as well.
"I became aware of the report late last evening. I had no previous knowledge of the alleged extra benefits described in the report. I am working with our athletic department staff and am prepared to cooperate fully with the investigation into this matter. I am, and always have been, fully committed to ensuring that our program operates within NCAA rules. Our staff has always been very direct and thorough in educating our student-athletes about the specific parameters regarding agents."
Here's the statement from Texas regarding Davis not playing against Oklahoma State tomorrow.
"We have initiated an internal review of the recent report that included allegations involving current and former University of Texas men's basketball players. We are in the process of gathering facts, but I did meet with Eric Davis Jr. this afternoon and let him know we are withholding him from competition for precautionary reasons until further notice, pending the review of this situation.
Winning with integrity is paramount to Texas Athletics, and we take these allegations very seriously. We expect all of our programs to comply with NCAA rules, and every year we have all of our student-athletes sign forms attesting they will follow these rules.
Beyond that, we put a great deal of effort and resources into educating our coaches and student-athletes on NCAA rules and regulations. Our compliance department is constantly monitoring and communicating with our coaches and student-athletes, as we are in this case. We will continue to work through this recent development and provide further updates when we have the necessary information to do so."
Earlier in the day, San Diego State announced it had suspended Malik Pope in response to the Yahoo Report.