The Grizzlies have waived swingman Myke Henry, according to a team press release.
Henry was signed to a two-way contract in January. The DePaul product appeared in 20 games with Memphis last season, averaging 5.4 PPG, 1.9 RPG and 1.1 APG in 18.9 MPG. Henry, 25, also played in 38 G League games for the Oklahoma City Blue and Memphis Hustle last season, averaging 16.4 PPG, 5.2 RPG and 2.1 APG.
By cutting Henry loose, Memphis frees up a two-way slot. Point guard Kobi Simmons is the other player on a two-way deal.