The Grizzlies have waived former lottery pick Kris Dunn, the team announced today in a press release. Matthew Hurt and David Stockton have also been cut, as Memphis finalizes its roster for the regular season.
Dunn, 27, began his career with Minnesota after being selected with the No. 5 overall pick in the 2016 draft. He was later sent to Chicago in the Jimmy Butler trade and spent three years with the Bulls before signing with Atlanta during the 2020 offseason.
Dunn has struggled to produce offensively at the NBA level, averaging 8.2 PPG and 4.1 APG in 231 career games (24.1 MPG), with a shooting line of .420/.305/.727. His strong defense earned him a two-year contract with the Hawks last offseason, but an ankle injury limited him to just four games. He was traded to Boston and then flipped to Memphis after he exercised his player option for 2021/22.
The Grizzlies acquired Dunn and Carsen Edwards in that trade with Boston last month, but have since waived both players, signaling that the 2026 second-round pick swap included in the deal was the main reason Memphis pulled the trigger.
Dunn will clear waivers on Monday and could draw interest from teams in need of a defensive specialist in the backcourt.