John Beilien announced on twitter that he is staying at Michigan. Reports are that they are finalizing a new contract that would extend his current deal two more years for a total of 5 years. His raise would pay him right around the $4M mark a year.
He did not receive an offer from the Pistons and reports are that he pulled himself out of consideration, then vice versa. That should help a bit with recruiting and Michigan's basketball profile.
As we predicted (along with the rest of the internet), the two names that have reportedly left the program are running back Kareem Walker and WR Kekoa Crawford.