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The Academy also acceptedSmiths resignation, which he made last week.

He remains eligible for nominations.
In a statement toVariety, Smith said, I accept and respect the Academys decision.
We believe the decision to excise Will Smith from the Academy should henceforth be known as a Slappendectomy.
Now who wants to put money on Rock being asked to present the Best Actor award next year?
Read the full statement here.
During our telecast, we did not adequately address the situation in the room.
For this, we are sorry.
We want to express our deep gratitude to Mr. Rock for maintaining his composure under extraordinary circumstances.
We also hope this can begin a time of healing and restoration for all involved and impacted.