3:15pm: Chris Herrington of The Daily Memphian is now hearing that the Grizzlies won’t be signing Rivers after all. According to Herrington, the team discussed the idea, but doesn’t plan on pursuing a deal at this time.
2:43pm: Four or five teams are still expressing interest in Rivers, according to Charania, who notes (via Twitter) that there’s been no formal offer yet from Memphis, since Rivers is still a Sun. While the Grizzlies still appear to be the frontrunners for the veteran guard, it sounds like it may not be a sure thing quite yet.
1:20pm: Austin Rivers technically hasn’t been released yet by the Suns, but once he’s officially cut and clears waivers, he’s expected to finalize a new deal with the Grizzlies, league sources tell Shams Charania of The Athletic (Twitter link).
Reports on Monday night indicated that Phoenix would be parting ways with Rivers shortly after acquiring him from the Wizards. The 26-year-old was part of the package Washington sent to the Suns in exchange for Trevor Ariza. However, Kelly Oubre was the prize of that package for the Suns, who decided to let Rivers try to catch on with a contending team.
Rivers and his representatives wasted little time in lining up a new deal for the veteran guard, though some details will need to be ironed out before he officially joins the Grizzlies. For one, Memphis currently has a full roster of 15 players on guaranteed contracts. One of those players will need to be traded or released to make room for Rivers.
It will be interesting to see if the odd man out in Memphis is MarShon Brooks, whom the Grizzlies were ready to trade to Phoenix in a three-team Ariza deal on Friday before the trade fell apart because the Suns thought they were getting Dillon Brooks.
MarShon has played fairly regular minutes this season, but would overlap positionally with Rivers, and waiving him might allow the Grizzlies to avoid any lingering locker-room awkwardness after last week’s failed trade. Ivan Rabb and even Chandler Parsons could also be release candidates in Memphis.
Meanwhile, since the Suns haven’t officially waived Rivers yet, they may be in position to negotiate a small buyout with him. Players in Rivers’ situation are typically only open to buyouts if they have a new NBA home lined up — now that the Grizzlies are poised to sign him, perhaps Rivers would be willing to give back the equivalent of his prorated minimum salary, which he’d receive from Memphis on his new deal.
For what it’s worth, the Grizzlies can’t offer Rivers more than the minimum, since they used their full mid-level exception on Kyle Anderson and used their bi-annual exception last season on Tyreke Evans.
After enjoying a career year in Los Angeles last season for the Clippers, with 15.1 PPG, 4.0 APG, and a .378 3PT% in 61 games (33.7 MPG), Rivers has struggled so far in 2018/19. In 29 games (23.6 MPG) with the Wizards, the former Duke Blue Devil posted 7.2 PPG and 2.0 APG with a .392/.311/.543 shooting line. Assuming they’re able to finalize a deal, the Grizzlies will be hoping for a bounce-back performance from Rivers in Memphis.
Photo courtesy of USA Today Sports Images.