It was reported last night during the Kentucky game that Shabazz Muhammad has been ruled ineligible by the NCAA because his amateur status has been compromised.

This from Adam Zagoria:

The 6-foot-6 wing will miss an undetermined amount of games going forward.

The NCAA has been investigating Muhammad’s relationship with the financial advisers who paid for several of his recruiting trips.

Muhammad is projected as the No. 1 pick in the 2013 NBA Draft by DraftExpress.com.

UCLA issued the following statement Friday night.

“The NCAA has finally determined that a violation of the NCAA amateurism rules has occurred involving UCLA freshman guard Shabazz Muhammad and his family. As a result, he is ineligible for competition at this time. We are extremely disappointed that the NCAA has made this determination.”

“The University and our compliance staff have fully cooperated with the NCAA throughout this entire period, and we believe the decision is incorrect and unjust to Shabazz. UCLA will expeditiously pursue its options to challenge this determination. When a final resolution has been reached by the NCAA, we will swiftly communicate the news to the entire Bruin family.”