According to SNY's Adam Zagoria, former Wake Forest guard and Neumann-Goretti product Tony Chennault will be returning home to Philadelphia and will transfer to Villanova. As the post that announced the move said, this isn't a surprise, as there had been speculation about this for weeks. Chennault's transfer is different from many others, because there seems to be a decent likelihood that he could be granted a waiver to play immediately due to the fact that his mother is ill.
What does this mean for Villanova? Well, it adds experienced backcourt depth on a team that needs it after the departure of Maalik Wayns to the pros. You can't be sure that true freshman Ryan Arcidiacono will be 100% ready after sitting out his entire senior season with a back injury. You can't expect Chennault to shoot well, or create too much, but he is apparently a solid defender for a point guard. Really, this is a depth move above all else.