Timberlake was a four-star prospect and ranked 37th on ESPN's 2020 recruiting class list. He was projected as a potential first-round NBA draft pick going into the 2020-21 season.
However, Timberlake dealt with injuries throughout his one year at Miami, suiting up for just seven games and averaging 9.3 points and 5.0 rebounds per contest.
"I felt like I can learn a lot from (coach) Penny Hardaway - all he's done in his career," said Timberlake, per ESPN's Jonathan Givony. "I like how they see my game. They know I can pass, and they'll help me get back to defending the way I know I can defend and try to win a national championship."
Memphis is in the process of a roster overhaul. Four players transferred out of the program, and former five-star recruit Moussa Cisse opted to enter the NBA draft.