The October 22, 2014 release of the Wainstein Report[174] alleged institutionalized academic fraud that involved over 3,100 students and student athletes, over an 18-year period from 1993 to 2011 that began during the final years of the Dean Smith era, challenged "The Carolina Way" image.[175] The report alleged that at least 54 players during the Dean Smith era were enrolled in what came to be known as "paper classes." The report noted that the questionable classes began in the spring of 1993, the year of Smith's final championship, so those grades would not have been entered until after the championship game was played.[176] In response to the allegations of the Wainstein report, the NCAA launched their own investigation and on June 5, 2015[177] the NCAA accused the institution of five major violations including: “two instances of unethical conduct and failure to cooperate“ as well as “unethical conduct and extra benefits related to student-athletes' access to and assistance in the paper courses; unethical conduct by the instructor/counselor for providing impermissible academic assistance to student-athletes; and a failure to monitor and lack of institutional control".[178] In October, 2017, the NCAA issued its findings and concluded "that the only violations in this case are the department chair's and the secretary's failure to cooperate."[178]

One of the top backcourts in the country – David Johnson and Carlik Jones – is no longer on Louisville’s roster, although Chris Mack joined his ACC counterparts in hitting the transfer portal hard this offseason. Miami forward Matt Cross, Marshall guard Jarrod West, Florida guard Noah Locke and JuCo standout El Ellis will all factor in a rotation that already includes forwards Malik Williams, Jae’Lyn Withers and Samuell Williamson. Add in Top-100 prospects in center Roosevelt Wheeler and forward Michael James and the Cardinals may have enough pieces in place to contend for the ACC title.

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