Grizzlies Sign Jason Preston, Timmy Allen

The Grizzlies have added Jason Preston and Timmy Allen to their roster, waiving Matthew Hurt and Mychal Mulder to make room, the team announced (via Twitter).

Preston, a 24-year-old point guard, was waived by the Clippers earlier this month before his $1.8MM salary became fully guaranteed. He appeared in 14 games with L.A. last season and spent most of his time in the G League.

Allen, a rookie forward, played for the Grizzlies’ Summer League team after going undrafted out of Texas. The 23-year-old averaged 10.5 points and 5.6 rebounds per game with the Longhorns last year.

Memphis has 15 players with guaranteed contracts, so there’s virtually no chance for either Preston or Allen to win a roster spot. However, if they signed Exhibit 10 deals, they can earn a bonus of up to $75K if they get waived and spend at least 60 days with the Memphis Hustle, the organization’s G League affiliate.

Hurt and Mulder both signed with the Grizzlies two weeks ago and saw limited action in the preseason. Hurt, a 23-year-old forward, appeared in two games and had three points, three rebounds and an assist. Mulder, a 29-year-old guard, scored three points and grabbed two rebounds in two games.

The moves leave Memphis at the offseason roster limit of 21 players.

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