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Grizzlies waive Dion Waiters days after acquiring him via trade

Hoops Rumors logo Hoops Rumors 2/9/2020 Alex Kirschenbaum, Hoops Rumors
Dion Waiters standing in front of a crowd of people watching a baseball game © Steve Mitchell-USA TODAY Sports

The Grizzlies have waived Dion Waiters, acquired from the Heat in a three-team deal that also sent Justise Winslow and Gorgui Dieng to Memphis. The team confirmed the move via press release:

A prior report had suggested that Waiters would not be long for Memphis.

The 6-foot-3 shooting guard, 28, was taken with the No. 4 pick by the Cavaliers in the 2012 NBA draft. He had productive, albeit erratic, seasons with the Cavaliers, Thunder and Heat before injuries and off-court issues marred his output. Waiters has not played more than 46 games since the 2015-16 NBA season. He has suited up for just three games this season. The 26-26 Grizzlies are prioritizing youth and upside as they build around promising young stars Jaren Jackson Jr. and Ja Morant.

Shams Charania of The Athletic and Stadium notes that Waiters will be paid in full by the Grizzlies for the remainder of this season and his complete $12.6M salary for the 2020-21 season, the final year remaining on the four-year, $52M deal he signed with the Heat in 2017.

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