Memphis loses it's appeal vacating the 2007-2008 season, including its Final Four appearance.

http://sports.espn.go.com/ncb/news/story?id=5018281

From the NCAA's report:

The committee concluded that, due to the fact that student-athlete 1's SAT score was cancelled by ETS, student-athlete 1 was rendered academically ineligible to compete during the entire 2007-08 season, including the 2008 Division I Men's Basketball Championship. This is a "strict liability" situation. The institution's assertion that, prior to the start of the 2007-08 season, it did not have sufficient information to conclude that student-athlete 1's SAT test would be cancelled was not relevant under the circumstances. This was discussed during the hearing in the following exchange:

COMMITTEE MEMBER: But I want you all to address, both sides, the issue of if either one doesn't have a valid test score -- let me give you an example. We have situations that come up from time to time before this committee where something is learned after the fact, such as person actually played sports at another institution. Nobody knew, but that person didn't have eligibility remaining, so they were ineligible. If you have a test score that is invalidated, you didn't have the scores to be admitted to begin with. Where am I wrong?

UNIVERSITY LEGAL COUNSEL: At the time he was admitted on the score that was provided at the time, is that your question? Was he eligible, in looking backwards, whether he was eligible or not?

COMMITTEE MEMBER: Yes. He didn't have the score.

UNIVERSITY LEGAL COUNSEL: We have acknowledged that.

COMMITTEE MEMBER: You have acknowledged that he was ineligible.

UNIVERSITY LEGAL COUNSEL: Yes, and we have to address that, based on the after-the-fact information.

COMMITTEE MEMBER: It doesn't matter.

UNIVERSITY LEGAL COUNSEL: I understand, but that is the basis. We don't believe -- we do believe that the university proceeded appropriately based on the information that it had at the time in allowing him to play.

COMMITTEE MEMBER: Even if they had not known and his score was later cancelled, it will be the same problem. It is not about what they did or didn't do. I am only saying they had some information that there could have been a problem, and they proceeded after the fact. If nothing had happened, if you had no information and ETS cancelled his score at a later date, he didn't have an admissible entry qualification.

UNIVERSITY LEGAL COUNSEL: That's correct. We have not contested that.

COMMITTEE MEMBER: Okay. So, he was ineligible? UNIVERSITY LEGAL COUNSEL: Yes; yes, sir. The university wasnot aware at the time he was ineligible.

COMMITTEE MEMBER: I didn't suggest that they were.

https://web1.ncaa.org/LSDBi/exec/miSearc...20REPEATED