An Independent Accountability Resolution Process hearing panel concluded that Memphis Tigers basketball coach Penny Hardaway didn’t violate NCAA rules when he provided benefits to three prospective student-athletes because of his long-standing philanthropy in Memphis, according to a decision released on Tuesday.

The IARP panel ruled that Memphis failed to monitor the education and activities of an athletics booster, provided impermissible extra benefits, conducted impermissible recruiting activities with prospective student-athletes and failed to cooperate with the investigative process by delaying the production of requested documents.

The Tigers were placed on three years’ probation through Sept. 26, 2025 and fined $5,000, plus 0.25% of its men’s basketball budget, after the IARP concluded it committed four Level II violations and five Level III violations.

Memphis cannot appeal the ruling under IARP rules.