- Spurs second-round selection Harrison Ingram, who also signed a two-way deal, is expected to see plenty of time with the G League’s Austin Spurs, according to Orsborn. “Whatever it takes, whether it’s the G League to stay with the main team, I’m ready to do it to achieve my dreams,” Ingram said. The rookie forward averaged 10.0 points, 6.3 rebounds and 1.0 steals in 28.6 minutes during the Las Vegas Summer League. In three games at the Sacramento California Classic, he averaged 10.0 points, 7.0 rebounds and 2.0 assists.
- The Mavericks signed former Pelicans wing Naji Marshall to a three-year deal in free agency. Marshall told Eddie Sefko of Mavs.com that defense will remain his calling card. “They (the Pelicans) gave me that kind of role and I just ran with it,” he said. “I know my game. And the people we have on this team, they’re going to make me better. And I know I can make them better. So I’m just excited to get this going.”
- Could the NBA’s new broadcasting deals, which will lead to significant salary cap growth, facilitate the Grizzlies’ efforts to retain Jaren Jackson Jr. in the long-term? Jackson is extension-eligible next offseason when the new TV deal kicks in, Damichael Cole of the Memphis Commercial Appeal notes. The 2023 Defensive Player of the Year could become eligible for a five-year, $318MM super-max extension if he’s named Defensive Player of the Year once again or earns an All-NBA spot in 2025. Of course, Memphis wouldn’t be obligated to put a full super-max offer on the table for Jackson if he meets the performance criteria.
9:10pm: The signing is official, the team announced in a press release (Twitter link).
11:54am: Free agent sharpshooter Luke Kennard is returning to the Grizzlies, according to Adrian Wojnarowski of ESPN, who hears from sources that the two sides have reached an agreement on a one-year, $11MM deal.
The Grizzlies turned down Kennard’s $14.8MM team option for the 2024/25 season on June 29, making him an unrestricted free agent, but the expectation was always that he’d agree to a more team-friendly deal to remain in Memphis.
Reporting at the time his option was declined indicated that Kennard and the team were “eager” to discuss a new contract, and the 28-year-old was never linked to any other suitors during the month he spent on the open market.
Kennard was limited to just 39 games (22 starts) this past season for health reasons, including a left knee bone bruise, but was effective when he was available, with averages of 11.0 points, 3.5 assists, and 2.9 rebounds in 25.6 minutes per game.
One of the NBA’s best three-point shooters, the 6’5″ wing has made at least 44.6% of his attempts from beyond the arc in each of the past four seasons, including 45.0% in 2023/24.
Kennard was the No. 29 player on our list of this summer’s top 50 free agents. He was the only unrestricted free agent in the top 40 who remained unsigned.
Prior to officially re-signing Kennard, the Grizzlies are carrying 13 players on standard contracts, with a team salary of approximately $160.75MM. Assuming the $11MM salary reported by Wojnarowski is accurate, Kennard’s new deal would push team salary above the luxury tax line by about $1MM. That figure would increase if Memphis wants to add a 15th man or decides to waive Mamadi Diakite (whose salary is partially guaranteed) to replace him with another minimum-salary player.
Still, as Keith Smith of Spotrac tweets, that surplus is small enough that it likely wouldn’t be too difficult for the Grizzlies to duck out of luxury tax territory at some point later in the season. A team’s tax bill isn’t calculated until the end of the season.