Grizzlies Near Buyout Deal with Cole Anthony to Clear Cap Space

The Memphis Grizzlies are actively restructuring their roster to create cap space for a long-term extension with Jaren Jackson Jr., which may lead to Cole Anthony's departure from the team. Anthony, acquired recently in the trade for Desmond Bane, is working with the Grizzlies toward a buyout to become an unrestricted free agent, as his fit on the team was uncertain with the presence of Ja Morant and Kentavious Caldwell-Pope. The Grizzlies have also secured key contracts for players like Cam Spencer and Santi Aldama, emphasizing their focus on maintaining core stability and cost-efficiency. Anthony's contract, which includes a team option in the second year, is a significant factor in freeing up salary cap space for Jackson Jr.'s deal. His performance last season was modest, averaging 9.4 points per game, and his potential role in Memphis was limited. The trade involving Anthony, Caldwell-Pope, and multiple draft picks for Bane was unexpected and rare, highlighting the strategic moves Memphis is making to build around its core stars.