McDermott, who went undrafted out of Butler in 2020, quickly caught on with the Grizzlies, signing a two-way deal with the team last November. He appeared in 18 NBA games during his rookie season, averaging 2.2 PPG and 1.1 RPG in limited action (8.8 MPG).
Because McDermott’s two-way contract covered two seasons, he had remained under team control to start the 2021/22 league year, but it looks like he’s no longer in the team’s plans for the time being.
Memphis now has an open two-way contract slot, with Killian Tillie occupying the other one. Yves Pons, who is on an Exhibit 10 contract, looks like a candidate to claim the second two-way deal before the regular season, notes Chris Herrington of The Daily Memphian (Twitter link).
Besides Tillie and Pons, the Grizzlies’ other 18 players are on guaranteed contracts. That includes Juan Hernangomez and Jarrett Culver, who were acquired from Minnesota in exchange for Patrick Beverley in the trade that was completed today, and Rajon Rondo, whom Herrington doesn’t expect to still be on the team when the season begins (Twitter link).