Pastner lost sophomore forward Adonis Thomas as an early entry in the NBA Draft. Big man Tarik Black has opted to transfer. Jackson was contemplating whether to turn pro. However, the homegrown product has decided to return to school, which is a big boost to the program.
The 6-foot-1 Jackson averaged 13.6 points and 4.8 assists per game this past season. He also shot 45 percent from beyond the arc.
Memphis will go into the American Athletic Conference next season.