In a statement released at his news conference, Lynch said he "will be a Memphis Tiger for life" and would continue his education at the school until he earns his degree.
He also announced that he had retained agents Leigh Steinberg and Chris Cabbott.
— Leigh Steinberg (@leighsteinberg) December 31, 2015
ESPN's Todd McShay has Lynch as his No. 2 overall pick in his Mock Draft 1.0, while ESPN's Mel Kiper has the quarterback ranked No. 6 in his latest Big Board.
Lynch (6-foot-7, 245 pounds) completed 66.8 percent of his passes this season for 3,778 yards. He had 28 touchdowns and four interceptions but failed to throw a touchdown pass in Memphis' 31-10 loss to Auburn in the Birmingham Bowl, only the second time this season he failed to throw a touchdown pass.
The junior quarterback threw for just 108 yards an an interception in the loss to Auburn.