As expected, after promoting Yuki Kawamura to a two-way contract, the Grizzlies waived their four other players on Exhibit 10 contracts, Miye Oni, Maozinha Pereira, Armando Bacot, and Miles Norris, per NBA.com’s official transaction log.
Oni, Pereira, Bacot, and Norris were all in the mix for Memphis’ open two-way contract slot after Scotty Pippen Jr. was elevated to the standard roster, but once Kawamura got the nod, hitting waivers was the likeliest outcome for all four players.
Oni, the 58th overall pick in the 2019 draft, appeared in 80 NBA games across two-and-a-half seasons with the Jazz before being traded to the Thunder, who waived him. The former Yale star signed a 10-day contract with the Pelicans in February 2022, but didn’t play a game for the team and hasn’t been in the NBA since then. He spent the 2022/23 season with the London Lions in the British Basketball League and ’23/24 with the Osceola Magic in the G League.
Pereira, a 24-year-old forward from Brazil, signed a pair of 10-day contracts with the Grizzlies last season and and appeared in seven games for the club, averaging 6.9 points and 5.3 rebounds per contest with a .514/.385/.700 shooting line. He spent most of the season with the Mexico City Capitanes in the NBAGL.
Bacot is coming off a decorated five-year college career at North Carolina, where he became the men’s basketball program’s top rebounder for both a single season (511 in 2021/22) and a career (1,715). He averaged 13.9 PPG and 10.1 RPG over the course of 169 college games for the Tar Heels and earned All-ACC honors four times, including First Team nods in 2022 and 2023.
Norris, 24, signed a two-way contract with Atlanta last summer after going undrafted out of California-Santa Barbara. He was waived in December and joined the Hawks’ G League team in College Park, where he averaged 11.6 PPG and 6.0 RPG in 45 games (29.2 MPG). Norris also played for Atlanta in the Las Vegas Summer League the past two years.
The Grizzlies’ G League team – the Memphis Hustle – traded for the returning rights to Oni, Pereira, and Norris during the offseason and can make Bacot an “affiliate player,” so all four players will likely end up with the Hustle. If they spend at least 60 days with Memphis’ NBAGL affiliate, they’ll earn Exhibit 10 bonuses worth $77.5K apiece.
The Grizzlies’ roster now appears set for the regular season, with 14 players on standard contracts and three on two-way deals.