Just a week after waiving him, the Grizzlies will re-sign D.J. Kennedy to their training camp roster, reports Ronald Tillery of the Memphis Commercial Appeal (via Twitter). Kennedy had already been on a non-guaranteed contract, so I'm not 100% sure why it was necessary to sign him to a new deal, but according to Tillery, the new contract limits the Grizzlies' liability.
Kennedy was acquired by the Grizzlies two months ago in the swap that sent Jeremy Pargo to the Cavaliers. When the 6'6" wing was cut by Memphis, it appeared the deal had just been a salary dump for the Grizzlies, but it seems the team at least likes Kennedy enough to bring him to training camp.
Kennedy spent most of last season in the D-League playing for the Erie Bayhawks, with whom he averaged 15.7 points, 7.3 rebounds, and 4.4 assists in 44 games. When the 22-year-old was released, Keith Schlosser of Ridiculous Upside wondered if a return to the D-League would be next. Kennedy probably isn't a strong bet to make the Grizzlies' regular season roster, so perhaps we'll see him on the Reno Bighorns when the D-League season gets underway.