The suspension comes in response to an unregistered social held on January 30 that "potentially endangered students" and involved drug and alcohol violations.
"Your thoughts and opinions will help Penn State officials make key decisions on if, when and how to reopen our campus."
"Students deserve better -- they deserve transparency, greater protective measures, committed task forces, and administrative accountability; federal Title IX guidelines can and should enable this."
The Nittany Lions have added two recruits to their class of 2021 just this past week.
Wright previously played in the NBA for 14 years before retiring in 2019.
The event will start at 8:15 p.m. on Facebook Live and run until 9 p.m. when the final two episodes of the documentary will air.