Iowa State dismisses guard Taylor

"Mike and I sat down at the beginning of the summer and clearly defined the expectations that he needed to meet in order to remain a member of this basketball team," McDermott said. "Unfortunately, Mike fell short of the goals that were set for him. As a result, I have decided that it is in Mike’s best interests to pursue his academic and athletic career at another institution."

Taylor earned honorable mention all-Big 12 honors in his only season with the Cyclones in 2006-07, averaging team-leading 16 points and 4.5 assists per game. He was suspended from the team in March after multiple arrests.

"I had a great experience at Iowa State," Taylor said. "I appreciated all of the fan support and the opportunity to play in front of Hilton Coliseum. However, due to circumstances I got myself into, it is in my best interests to further my education and basketball opportunities at another school."