Arcidiacono will undergo surgery in the next few weeks for a herniated disc in his back. He has not played basketball since June due to his condition.
"It's a tough decision and I'm disappointed," he told the news site. "I'm disappointed that I won't be able to play basketball for Neshaminy this year. I'm disappointed that I won't be able to play with my fellow seniors. But we felt this was the right decision to make."
Arcidiacono signed a letter of intent with Villanova in November and said he has spoken with the Wildcat staff about his situation.
"They told me that they supported whatever I wanted to do and to take my time," he said.