When's the last time anyone on the team red-shirted when it wasn't due to injury or transfer rules? You just don't red-shirt in basketball unless it's for extraordinary reasons. You can probably come up with one player in the last 10 years who did red-shirt without injury or transferring, but that's the point. It's very rare. And now people are talking about red-shirting not one, but two players. I don't think so.
You don't red-shirt in basketball because of the limited scholarship spots for one thing. If he's not good enough to play right away, ifeat up the scholarship for another year when you could get someone in there who is good enough to play in his first year? And if you DO red-shirt him, chances are he'll transfer anyway and then you've bulked him up in the weight room for someone else's benefit.