Yeah... Basically a TAMU player threw the inbounds pass at 3.1 seconds, which got touched by a Memphis player and immediately bounced out of bounds. Couldn't have possibly been longer than .2 seconds, I think .1 would have been the best call. But they took 1.1 seconds off the clock, which is roughly the amount of extra time TAMU could have used in moving the ball in position for a better shot.
That was some horrid judgement, but TAMU still failed to grab the rebound in between 45,000 straight Memphis misses. TAMU lost the game at that point, that call probably just robbed them of any chance to win it back.