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Grizzlies Re-Sign Luke Kennard on One-Year, $11M Deal

The sharpshooter returns to Memphis after the team declined his $14.8M option, securing his spot with a more favorable contract.

  • Kennard averaged 11 points and 3.5 assists per game last season, shooting 45% from three-point range.
  • The Grizzlies initially declined Kennard's $14.8M option, making him an unrestricted free agent.
  • Kennard's new deal pushes the team's salary above the luxury tax threshold by about $1M.
  • Memphis aims to improve its three-point shooting, a historical weakness, with Kennard's return.
  • The Grizzlies now have 15 players on standard contracts, needing to finalize their roster before the season starts.
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