Junior guard Tim Hardaway, Jr. will forego his senior season and enter the 2013 NBA Draft, according to a report by Yahoo! Sports reporter Adrian Wojnarowski.
Hardaway is set to have a press conference at 3 p.m. this afternoon to officially announce his decision.
Wojnarowski, the Yahoo! NBA expert, also broke the news of Michigan sophomore point guard Trey Burke's early departure.
Hardaway was second on the team in scoring this year, adding 14.5 points per game, shooting 43.7 percent from the floor. He added 4.7 rebounds per game.
Hardaway was voted first-team All-Big Ten by the coaches and second-team All-Big Ten by the media for the 2012-13 season.
Check back with TheWolverine.com for full coverage of Hardaway's press conference.