Michigan guard Charles Matthews announced Wednesday his decision to pull his name out of NBA Draft consideration and return to the Wolverines for his senior season.

"I am thankful for the assistance Coach Beilein and the staff have given me in order to gain as much information as possible before making this decision. They showed great confidence and patience with me while I sorted this all out," Matthews said in a release. "After much prayer and discussions with my family and the staff, I am excited to be returning to Michigan next year. I learned a lot throughout this process, but my main focus will now be completing my education at Michigan and leading my teammates to more success next season."

Matthews, a former Kentucky transfer, was second on the Wolverines averaging 13.0 points per game last season, helping Michigan reach the national championship game. He also was second on the team in rebounding (5.5) and posted four double-doubles.

"This process allows young men to gather so much valuable information and make the most informed decision they can," said U-M's David and Meredith Kaplan head men's basketball coach John Beilein. "Charles has an incredible personality and confidence. His work habits and desire to reach his potential are terrific. He is more focused than ever to improve in all areas of his game. Like others before him, Charles will be a great senior leader for us and we are excited to have this opportunity to coach him again next season."

Matthews was one of two Wolverines to test the NBA Draft waters. Forward Moritz Wagner, who signed with an agent ending his collegiate eligibility, left Michigan after three seasons to enter the NBA Draft.