Aug 31, 2014, 5:00 PM EDT
It’s unusual for a team to waive a player who was an early second round draft pick in the previous season, especially when he still has guaranteed money left on his contract.
But that’s what the Grizzlies have reportedly done with Jamaal Franklin.
Griz waived second-year guard Jamaal Franklin today using stretch provision, per source. CA story coming…
Franklin had one year remaining on his deal for the upcoming season at $816,482, which will now be stretched out over the next three seasons for salary cap purposes.
The Grizzlies had all 15 roster spots assigned to players with guaranteed deals for next year before this move, so now they have some flexibility to add somebody else, either in a training camp deal or sometime later in the season.
Franklin was selected with the 41st overall pick in the 2013 NBA Draft, and averaged just 7.7 minutes per game in 21 appearances during his rookie season.
- Five top candidates for NBA Rookie of the Year 14
- NBA GMs surveyed predict LeBron will win MVP, Spurs will repeat as champions 22
- Owners vote down NBA Draft lottery reform, system to stay same for this season 38
- ProBasketballTalk 2014-15 preview: Houston Rockets 22
- Kobe Bryant responds to ESPN article with basically a shrug (VIDEO) 18
- Paul George refutes report he didn’t want to play with Kobe Bryant: ‘Media reaching again’ 22
- PBT Extra preview: Lakers, Celtics big name teams headed to lottery 12
- Could lottery reform be bad for small market teams? Sam Presti argues yes. 23