Grizzlies Rumors

Grizzlies To Retire Randolph, Allen Jerseys; Bane Changing Agents

  • The Grizzlies plan to retire the jerseys for two key members of the team’s “Grit and Grind” era, announcing (via Twitter) that they’ll retire Zach Randolph‘s No. 50 on December 11 and Tony Allen‘s No. 9 on January 28.
  • Grizzlies guard Desmond Bane is changing agents, according to Liz Mullen of Sports Business Journal, who tweets that Bane has left Seth Cohen of SAC Sports Family and is in the process of hiring new representation. Bane is still two years away from being extension-eligible for the first time.

Southwest Notes: Grizzlies, Benson, Brandon Boston, THJ

In an extensive new mailbag, Chris Herrington of the Daily Memphian addressed the possibility of the Grizzlies considering trades for incumbent wings Dillon Brooks and Kyle Anderson, among other topics. Herrington wrote that, though an offseason Anderson trade appears unlikely, he could see the veteran forward’s expiring $9.9MM contract being moved during the year.

Because Brooks’s current three-year, $35MM contract extension with the club is fairly favorable, Herrington considers him less likely to be moved. Herrington also speculates on how the new-look Grizzlies can improve in a stacked Western Conference.

There’s more out of the Southwest Division:

  • Pelicans owner Gayle Benson has donated $1MM towards Hurricane Ida relief, per an official press release from Benson and the Pelicans.
  • The Pelicans received $2.5MM in cash considerations from the Clippers in New Orleans’ trade of No. 51 pick Brandon Boston out of Kentucky, according to Eric Pincus of Basketball Insiders. The Pelicans also received a heavily-protected 2022 second-round draft pick in the deal that appears unlikely to convey.
  • Mavericks swingman Tim Hardaway Jr., newly re-signed on a four-year, $75MM deal, registered his optimism about the future performance of former All-Star big man Kristaps Porzingis, as Eddie Sefko of Mavs.com relays. So far during his time in Dallas, Porzingis has been a shadow of his former self as the result of a series of injuries. “I know he’s back in Latvia busting his tail right now to get back to where he was before the injury when we were with the Knicks,” Hardaway said. “I know how much he loves the game and how much he works. He’s going to do whatever he can to get back to that level. Injuries do play a part in the game.”

Blazers Had Interest In Dillon Brooks Before Acquiring Larry Nance

  • Before getting involved in the Markkanen deal to acquire Larry Nance from Cleveland, the Trail Blazers had interest in Grizzlies wing Dillon Brooks, sources tell Charania. One report suggested that Memphis was willing to listen on inquiries about Brooks.

Juan Hernangomez Likely Won't Play For The Grizzlies

  • It doesn’t appear that Juan Hernangomez, who was acquired from the Timberwolves this week, will have a future with the Grizzlies. ESPN’s Bobby Marks tweeted on Saturday that Hernangomez wasn’t asked to report to the team or take a physical, just like Rajon Rondo, who is now a free agent after reaching a buyout agreement with Memphis. Hernangomez has two years and $14.3MM left on his contract, although the final year doesn’t become guaranteed until June 20, 2022, notes Evan Barnes of The Memphis Commercial Appeal.

Rajon Rondo Bought Out By Grizzlies, Likely To Join Lakers

Rajon Rondo and the Grizzlies have agreed to a contract buyout, reports Shams Charania of The Athletic (via Twitter). Rondo was traded to Memphis in a three-way deal that sent Eric Bledsoe to the Clippers.

According to Charania (via Twitter), the 35-year-old two-time NBA champion could be on his way back to Los Angeles, though not to the Clippers. Charania reports that the Lakers are the frontrunner to sign Rondo. If the point guard does return to the Lakers, it would be his third season with the team — he won a title with the team in the 2020 bubble.

ESPN’s Adrian Wojnarowski (Twitter link) confirms the Lakers’ interest. Rondo will clear waivers on Monday, and Wojnarowski says he will likely be signed into one of the Lakers’ final roster spots.

While the Lakers did an impressive job filling out their roster following the trade for Russell Westbrook, the backup point guard spot was one notable hole. Rondo was unable to replicate his success with the Lakers in this year’s playoffs run with the Clippers, but should provide a solid, competent play-maker off the bench, especially as young guards Malik Monk and Kendrick Nunn are both more likely to see time at the shooting guard spot.

Bobby Marks of ESPN adds (via Twitter) that Rondo was never asked to report to the Grizzlies or take a physical, calling it as sure a sign as you can get that a subsequent move would be made. In a separate tweet, he says that the same is true for Spanish forward Juan Hernangomez.

Central Notes: Nance Jr., Markkanen, Love, Theis, Allen

Larry Nance Jr. wasn’t surprised that the Cavaliers agreed to trade him in the unofficial three-team deal that will bring Lauri Markkanen to Cleveland, according to Chris Fedor of the Cleveland Plain Dealer. Nance was concerned about his role and playing time with the addition of lottery pick Evan Mobley. Cleveland’s front office had discussed the possibility of moving him to a contender where he might have a bigger role.

He’s happy that he’s going to the Trail Blazers, where he’ll play with Damian Lillard and close friend CJ McCollum. If the Blazers eventually go into rebuild mode, Nance can leave as an unrestricted free agent during the summer of 2o23, Fedor adds.

We have more from the Central Division:

  • In the same story, Fedor writes that the Cavs tried hard to trade for a wing shooter, dangling Nance, their 2022 first-round pick and, in some instances, a package of second-rounders. The Cavs couldn’t find the right deal and eventually turned their attention to a stretch four in Markkanen, who they hope can provide an offensive jolt.
  • The Cavaliers are denying they’re engaged in buyout talks with Kevin Love, according to Terry Pluto of the Cleveland Plain Dealer. A source told Pluto that progress was being made toward a buyout, which makes sense for both parties, the writer notes.
  • The Bulls received $1.1MM from the Rockets in the Daniel Theis sign-and-trade, Eric Pincus of Bleacher Report tweets. The deal also generated a $5MM traded player exception.
  • The Bucks received $1MM from the Grizzlies in the Grayson Allen deal, Pincus adds in another tweet. Memphis acquired Sam Merrill and two second-round picks.

Grizzlies Wise To Explore Brooks' Value

The Grizzlies have not engaged in trade talks with the Cavaliers regarding Kyle Anderson and Dillon Brooks, Omari Sankofa II of the Detroit Free Press tweets. A report out of Cleveland suggested that the two forwards were available on the trade market for the right price. Memphis does have a major roster logjam at the moment with 18 players on guaranteed contracts, as noted in our latest roster count.

  • Whether or not they’ve engaged in talks with the Cavs, the Grizzlies would be wise to explore the market on Brooks, according to Evan Sidery of Basketball News. Brooks’ value is at an all-time high after a playoff series in which he averaged 25.8 PPG, but he may not be the best No. 2 scoring option during Ja Morant‘s prime years. Brooks will be a free agent after the 2022/23 season and Memphis may not want to commit to him long-term.

Grizzlies Waive Sean McDermott To Complete Trade With Wolves

In order to create room on their 20-man roster to accommodate a one-for-two trade with the Timberwolves, the Grizzlies have waived wing Sean McDermott, the team announced today in a press release.

McDermott, who went undrafted out of Butler in 2020, quickly caught on with the Grizzlies, signing a two-way deal with the team last November. He appeared in 18 NBA games during his rookie season, averaging 2.2 PPG and 1.1 RPG in limited action (8.8 MPG).

Because McDermott’s two-way contract covered two seasons, he had remained under team control to start the 2021/22 league year, but it looks like he’s no longer in the team’s plans for the time being.

Memphis now has an open two-way contract slot, with Killian Tillie occupying the other one. Yves Pons, who is on an Exhibit 10 contract, looks like a candidate to claim the second two-way deal before the regular season, notes Chris Herrington of The Daily Memphian (Twitter link).

Besides Tillie and Pons, the Grizzlies’ other 18 players are on guaranteed contracts. That includes Juan Hernangomez and Jarrett Culver, who were acquired from Minnesota in exchange for Patrick Beverley in the trade that was completed today, and Rajon Rondo, whom Herrington doesn’t expect to still be on the team when the season begins (Twitter link).

Grizzlies Trade Beverley To Wolves For Culver, Hernangomez

AUGUST 25: Over a week after agreeing to terms, the Grizzlies and Timberwolves have completed their trade, according to press releases sent out by both teams. Memphis waived Sean McDermott in order to make room on the 20-man roster for the extra incoming player.


AUGUST 17: A day after acquiring him from the Clippers, the Grizzlies have lined up a deal to flip veteran guard Patrick Beverley to the Timberwolves, reports Adrian Wojnarowski of ESPN (Twitter link).

According to Wojnarowski, Memphis will receive wing Jarrett Culver and forward Juan Hernangomez from Minnesota in the trade.

As Wojnarowski observes (via Twitter), Timberwolves president of basketball operations Gersson Rosas worked in the Rockets’ front office when Beverley was in Houston and appreciates the toughness and leadership he can bring to a young team. Minnesota lost some point guard depth when the team shipped Ricky Rubio to Cleveland, so Beverley will help fortify that position.

Beverley, 33, averaged 7.5 PPG, 3.2 RPG, and 2.1 APG on .423/.397/.800 shooting in 37 games (22.5 MPG) for the Clippers in 2020/21 and is considered a strong perimeter defender.

Moving Hernangomez will reduce the Wolves’ options at an already-thin power forward spot, but it may have been a necessary move. There was reportedly tension between the player and the team after Minnesota’s medical staff prevented the 25-year-old from representing Spain at the Tokyo Olympics last month due to a shoulder injury.

Culver, meanwhile, was the No. 6 overall pick in the 2019 draft. One of Rosas’ first moves after being hired by the Wolves was to trade Dario Saric and the No. 11 pick (Cameron Johnson) in order to move up for Culver, but he struggled during his first two years in the NBA, putting up a modest 7.8 PPG and 3.3 RPG on .406/.288/.503 shooting in 97 total games (20.7 MPG).

After taking on some extra 2021/22 money in their trade with the Clippers, the Grizzlies will reduce this year’s team salary a little in this deal — the combined salaries for Culver ($6.4MM) and Hernangomez ($6.9MM) come in slightly lower than Beverley’s cap hit ($14.32MM). Neither player is owed any guaranteed money in 2022/23 yet either, though Culver has an $8.11MM team option and Hernangomez has a $7.42MM non-guaranteed salary.

It’s unclear how Culver and Hernangomez fit into Memphis’ plans. The deal certainly doesn’t help the Grizzlies’ roster crunch — they already had 17 players on guaranteed contracts before swapping out Beverley for two new players, and will actually have to waive someone from their 20-man roster in order to complete the one-for-two trade.

There are likely more moves to come for the Grizzlies, so we’ll have to wait to see what they have in mind for Culver and Hernangomez, but it’s worth noting that Culver is still just 22 years old — the club may seem some untapped potential there. Memphis will have to make a decision on his $8.1MM option for 2022/23 this fall.

Kevin Pangos Drawing Interest From Cavaliers, Others

Former Gonzaga guard Kevin Pangos, who has spent the last several seasons playing in Europe, is garnering interest from the Cavaliers, according to reports from Chris Fedor of Cleveland.com and Donatas Urbonas of BasketNews.com.

Pangos, 28, has carved out an impressive career overseas, having spent time in Spain, Lithuania, and Russia since going undrafted in 2015. In 2020/21, he averaged 13.5 PPG and 6.6 APG on .449/.390/.845 shooting in 39 EuroLeague contests (28.9 MPG) for Zenit Saint Petersburg, earning a spot on the All-EuroLeague First Team.

According to Fedor, Pangos has received “big” offers to remain in Europe, but it sounds like he’s interested in making the move to the NBA. Urbonas and Blake Murphy of The Athletic (Twitter link) both suggest that the Canadian guard would likely need a guaranteed contract offer to justify a return stateside.

As Urbonas writes, the Grizzlies are among the other teams eyeing Pangos, but they already have too many players on guaranteed salaries on their roster and likely aren’t in position to offer more than an Exhibit 10 contract. Murphy names the Raptors as another NBA club with interest.

Cleveland could ultimately be the best fit for Pangos. As Fedor has previously reported, the team remains in the market for one more point guard even after acquiring Ricky Rubio earlier this offseason. The Cavs also have plenty of roster flexibility, with just 10 players on guaranteed contracts so far — Lamar Stevens, Damyean Dotson, Dean Wade, and Mfiondu Kabengele don’t have full guarantees.