Pac-12 Commissioner Larry Scott, the leader of the western USA collegiate athletic conference, said that the matter had "been resolved to the satisfaction of the Chinese authorities".
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Per ESPN's Jeff Borzello, UCLA head coach Steve Alford announced the three freshmen have been suspended indefinitely and won't travel with the team.
The three basketball players from the University of California, Los Angeles, were detained by police on November 7 in the Chinese city of Hangzhou over allegations of shoplifting.
Xi assured Trump that the players would be treated fairly and expeditiously, the Post reported.
News of the arrests was widespread not only in the United States but also in China, breaking just a day before Trump arrived in the country. According to a blog that specializes in decoding the Chinese criminal justice system, the players could have received prison sentences of anywhere between one and four years under the worst-case scenario, punishment that likely would have been mitigated by the players' ages and the fact that they appeared to be cooperating with authorities.
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"We are grateful for the role that our Chinese hosts played, and for the courtesy and professionalism of the local authorities".
At the press conference, the accused players also apologized for their actions and said they did not exercise the proper judgment. Pac-12 is the college athletic conference in which UCLA participates.
"I want to be clear that we take seriously any violations of the law", UCLA Chancellor Gene Block said.
UCLA says the school will launch its own investigation to decide whether or not to discipline the players, but a suspension of some sorts will probably be handed down if had to guess.
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LaVar, LaMelo and Tina Ball - the family's matriarch - all went to China to watch LiAngelo play his first game as a Bruin and promote the opening of a Big Baller Brand pop-up shop in Shanghai.