Hoops Rumors is checking in on the 2024 offseason for all 30 NBA teams, recapping the summer’s free agent signings, trades, draft picks, departures, and more. We’ll take a look at each team’s offseason moves and consider what might still be coming before the regular season begins. Today, we’re focusing on the Memphis Grizzlies .
Free agent signings Trades Acquired the draft rights to Cam Spencer (No. 53 pick) from the Pistons in a four-team trade in exchange for the draft rights to Ulrich Chomche (No. 57 pick; to Raptors) and the Grizzlies’ 2030 second-round pick (top-50 protected; to Timberwolves).
Acquired Mamadi Diakite and the draft rights to Nemanja Dangubic in exchange for Ziaire Williams and the Mavericks’ 2030 second-round pick. Draft picks 1-9: Zach Edey Signed to rookie scale contract (four years, $26,202,576). 2-39: Jaylen Wells Signed to four-year, minimum-salary contract ($7,895,796).
First two years guaranteed. Third year non-guaranteed. Fourth-year non-guaranteed team option.
2-53: Cam Spencer Signed to two-way contract. Two-way signings Jay Huff Cam Spencer Departed/unsigned free agents Jordan Goodwin (unsigned) Lamar Stevens (unsigned) Yuta Watanabe (Chiba Jets) Other moves Waived Trey Jemison (two-way). Salary cap situation Operating over the cap ($140.
6MM) and below the luxury tax line ($170.8MM). Carrying approximately $170MM in salary.
No hard cap. Full mid-level, bi-annual exceptions available. Four traded player exceptions available (largest.