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Ohio PG Jaaron Simmons says he is transferring to Michigan

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Michigan has picked up a veteran guard to add to their backcourt.

NCAA Basketball: Ohio at Georgia Tech Brett Davis-USA TODAY Sports

Jaaron Simmons appears to be headed to Michigan.

The Ohio University point guard has told the program that he will be moving on as a graduate transfer to join John Beilein and the Wolverines and will be eligible to play immediately. The news was first reported by The Athens Messenger.

His head coach at Ohio, Saul Phillips, released a statement to MLive late Monday night.

"Jaaron informed me today of his intention to transfer to Michigan," Phillips said. "We are disappointed with his decision, but wish him luck. We have known this has been a possibility and have taken steps to make sure the roster is talented and balanced. We are looking forward to the upcoming season."

Simmons averaged 15.9 points and 6.5 assists per game with the Bearcats last season en route to earned a spot on the First Team All-MAC squad. He previously announced he would be pursuing the NBA Draft, but it remains unclear at this time whether or not he will still do so. He has until May 24 to pull out of the pre-draft process.

The news of his transfer gives Michigan a veteran presence to help fill the void left by Derrick Walton, who is graduating. Xavier Simpson has long been considered his replacement, but Simmons provides insurance and a proven commodity should Simpson not take control of the starting job.

The Wolverines currently find themselves in an unsure situation as it pertains to scholarships. As of now, they have one remaining, but two more could become available should Moritz Wagner and/or D.J. Wilson officially enter the NBA Draft.

Michigan has been trying to make a push for elite 2017 center Mohammad Bamba, but it appears to be a long-shot for them.