They're losing some key players to the transfer portal, including star point guard PJ Haggerty, who averaged 21.7 points, 5.8 rebounds and 3.7 assists a game this past season. He will now become a player who will be greatly sought after by other schools.

The Memphis basketball team took an unfortunate hit in the college basketball transfer portal as PJ Haggerty has entered his name. Head coach Penny Hardaway is losing his leading scorer from last season as Haggerty averaged nearly 22 points per game.

Penny Hardaway has to scramble to replace one of his best scorers in the transfer portal. Memphis just absorbed a major hit at the wrong time.