Big man Fab Melo has cleared waivers after being cut loose by the Grizzlies late last week, a league source tells Adrian Wojnarowski of Yahoo Sports (on Twitter). The Syracuse product was set to earn $1.31MM in 2013/14.
Melo's stint in Memphis didn't last very long as he came over via trade from the Celtics in mid-August. It's still unclear if the Grizzlies intended all along to waive the center after giving up Donte Greene to get him. Ultimately, the move cost the Grizzlies a little bit of cap flexibility but netted them at least $300K in cash as the C's gave them $1.66MM in the swap.
Melo was the 22nd overall pick in the 2012 draft and only appeared in six NBA games for the Celtics in 2012/13. He spent the bulk of the season with Boston's D-League affiliate, averaging 9.8 PPG and 6.0 RPG in 33 games for the Maine Red Claws. Despite his lack of a real professional resume, it wasn't a given that Melo would clear waivers given his size and athleticism.