Update, 7:35 Monday: Wisconsin confirmed Dearring's intention to transfer via the following release Monday evening:
Redshirt sophomore guard Riley Dearring has decided to leave the Wisconsin men's basketball program and has been granted his release to explore transfer options, as announced by head coach Bo Ryan on Monday.
"I am truly grateful to the University of Wisconsin for the opportunity, but I feel it's best for me if I continue my career elsewhere," Dearring said in a post on his Twitter account. "I want to thank all my current and former teammates for all the great memories! I want to thank all the fans for their support. I will cherish every second I was able to spend here but I need to move forward. I wish the program the best of luck in the future!"
A native of Minnetonka, Minnesota, Dearring spent two and a half seasons with the UW program. He has played in 18 games, while serving on the scout team for back-to-back Final Four appearances. Dearring was a Minnesota Mr. Basketball finalist in 2013 after he averaged 19.2 points to lead Minnetonka to a 20-5 record and a second-place finish in the Lake Conference.
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A member of Wisconsin's basketball team appears ready to transfer.
Redshirt sophomore guard Riley Dearring announced on Twitter Sunday evening he plans to transfer from UW to another program.
Dearring has played in only three games (six minutes total) during the first 11 games of Wisconsin's 2015-16 season, averaging 0.7 points per game. A three-star recruit out of Minnetonka, Minn., who was a Minnesota Mr. Basketball finalist, his role on the team has been limited since his arrival in Madison. He appeared in 15 games during the 2014-15 season, scoring a career-high five points against Boise State on Nov. 22, 2014.
BadgerBlitz.com's Zack Miller reported a transfer has been rumored for some time, with his sources saying Dearing will stay in Madison until Dec. 23.
Wisconsin had not addressed Dearring's status with the Badgers as of Sunday evening.
Thank you Wisconsin pic.twitter.com/G5zSo23EFk
— Riley Dearring (@R_35_Dearring) December 14, 2015