You can find the full statement at the link below ($). Here's an excerpt from the seemingly very sincere apology. Best of luck to him in the future.
Although I looked forward to finishing my college football career playing against South Carolina in the Outback Bowl, I fully understand the decision Coach Hoke had to make by suspending me from the bowl game. I have called Ann Arbor my home for the last five years, and I can honestly say that everyone here will remain an integral part of my family.
http://insider.espn.go.com/blog/colleges/michigan/post/_/id/9046/stateme...
EDIT: Turns out it's not paywalled after all, thanks dnak438.


I can see it and I'm not an ESPN subscriber.
Here's the first paragraph