Grizzlies Sign Three Draft Picks, Kenneth Lofton Jr.

The Grizzlies have signed first-round draft picks Jake LaRavia and David Roddy to multi-year contracts, the team tweets.

LaRavia, who played for Wake Forest last season, was acquired by Memphis with the No. 19 overall pick pursuant to a draft-night trade with the Timberwolves. His rookie scale contract, under the latest salary cap, could go four years and can be worth up to $14,763,367.

Roddy, who played for Colorado State last season, was acquired by the Grizzlies with the No. 23 overall pick after a trade with the 76ers. His rookie scale deal can go four years and be worth up to $12,985,886.

[RELATED: Rookie Scale Salaries For 2022 NBA First-Round Picks]

The Grizzlies also announced that wing Vince Williams Jr. and big man Kenneth Lofton Jr. have signed two-way contracts (Twitter link).

Williams Jr., the No. 47 overall pick of this year’s draft, was selected to the 2021/22 All-Atlantic 10 First Team during his senior year at VCU.

The Grizzlies’ decision to give Lofton a two-way deal was previously reported. He was named to the All-Conference USA First Team during his sophomore year at Louisiana Tech last season but went undrafted.

With Williams and Lofton on two-way deals, the Grizzlies have waived guard Tyrell Terry, who signed a two-year, two-year contract last season. Terry, drafted by Dallas in 2020, appeared in two games with Memphis in ’21/22.

The Grizzlies still have one unsigned draftee, No. 38 pick Kennedy Chandler. His deal will likely be completed once the July moratorium ends.

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