Here are the G League updates from around the league today:
Chandler Parsons‘ stint with the Grizzlies has not gone according to plan. The former Rockets and Mavericks standout has been hampered by knee injuries, including three knee surgeries the last three years. Now, after playing just 15 minutes in Memphis’ first few regular season games this year, Parsons is frustrated with his limited playing time, Ronald Tillery of the Commercial Appeal writes.
Parsons appeared in just 34 games last season, averaging 6.2 PPG and 2.5 RPG in a career-low 19.9 minutes per game. After signing a four-year, $94MM deal with the Grizzlies in July 2016, Parsons has not come close to his past performance. If he continues to show he’s over his prior knee injuries, the Grizzlies will look salvage the remainder of their pact with the 28-year-old.
As of this Thursday, a pair of Grizzlies minority owners will have the opportunity to make a play for majority ownership of the franchise, as Brian Windhorst and Zach Lowe detail in an ESPN.com report.
The unusual ownership situation in Memphis, which we outlined last month, allows Steve Kaplan and/or Daniel Straus, who each own about 14% of the Grizzlies, to make an offer to majority owner Robert Pera, who owns approximately 25-26% of the franchise.
If either Kaplan or Straus makes an offer during a 60-day window, which opens on Thursday, Pera would then have a 60-day window of his own to decide whether to buy Kaplan’s or Straus’ shares at their valuation, or whether to sell his own shares to them at that price.
Kaplan and Straus are under no obligation to initiate the process, but there’s a belief that one or both of them will do so, sources tell Windhorst and Lowe. Still, it’s possible that the process could take months to play out, with Straus and Kaplan standing by and watching to see what the other will do. If neither minority shareholder places a formal bid at this time, they’ll have another chance to do so in 2020.
It will be interesting to see whether either minority stakeholder moves forward with an attempt to supplant Pera as the Grizzlies’ controlling owner. The amount of a potential bid from Straus or Kaplan would be equally fascinating — Forbes’ franchise valuations earlier this year pegged the Grizzlies’ worth at $790MM, but those estimates are typically conservative. For comparison’s sake, Forbes’s valuation for the Rockets was $1.65 billion, and Tilman Fertitta bought the club several months later for $2.2 billion. The current Grizzlies’ ownership group bought the team for about $350MM in 2012.
Of the Grizzlies’ top two minority shareholders, Kaplan appears to be the more likely of the two to make a move, though that’s just my speculation. He has made an effort in the past to gain a more significant stake in an NBA team, but attempts involving the Hawks and Timberwolves didn’t pan out. Kaplan currently has a controlling interest in Swansea City, a Premier League soccer team in Wales.
While the Grizzlies’ ownership situation is somewhat uncertain going forward, the team is off to a great start on the court. Memphis is 3-0 so far, with victories over the Warriors and Rockets.
After being helped off the court in the Grizzlies’ season opener on Wednesday, forward JaMychal Green underwent an MRI on his injured left ankle and the results came back clean, reports Shams Charania of The Vertical (Twitter link). Although the MRI showed no structural damage, Green will likely be sidelined for several weeks with an ankle sprain, according to Charania.
TNT’s David Aldridge provides a few more details, tweeting that Green has a bone bruise in addition to his high ankle sprain. Green is expected to be out for three or four weeks, a source tells Aldridge.
Green, who was a restricted free agent this past summer, remained unsigned for most of the offseason before finally agreeing to terms with the Grizzlies on a new two-year deal late in September. The 27-year-old power forward, who was the last RFA on the board for 2017, received a contract worth $8MM+ per year for the next two seasons.
After taking over for Zach Randolph as the club’s starting power forward in 2016/17, Green enjoyed a breakout season for the Grizzlies. He established new career highs in several categories, including PPG (8.9), RPG (7.1), FG% (.500), and 3PT% (.379). With Randolph heading to Sacramento in free agency this offseason, Green was expected to be leaned on more than ever in Memphis, but the team will have to get by without him for the next little while.
[RELATED: Memphis Grizzlies’ depth chart at RosterResource.com]
While Green recovers from his ankle injury, players like Brandan Wright, Chandler Parsons, and Jarell Martin may see increased minutes for the Grizzlies. Youngsters Deyonta Davis and Ivan Rabb could move up the depth chart as well — the club has no shortage of depth at the power forward spot.
Green will join Ben McLemore, who is recovering from a foot injury, as Grizzlies veterans on the shelf.
Grizzlies point guard Mario Chalmers is among the players who received an increased salary guarantee this week when he remained under contract, according to data from Eric Pincus of Basketball Insiders and ESPN’s Bobby Marks. Chalmers, who received a modest $25K guarantee when he signed with the Grizzlies in the offseason, now has a fully guaranteed minimum salary for 2017/18.
[RELATED: 2017/18 NBA Salary Guarantee Dates]
Chalmers, who tore his Achilles in March 2016, wasn’t able to make a full recovery during the 2016/17 season, but looked good in camp and the preseason with Memphis this fall. His strong showing earned him a roster spot over fellow point guard – and 2016 first-rounder – Wade Baldwin, who was waived by the Grizzlies. Chalmers will earn a minimum salary worth about $2.106MM this season, though it’ll only count for approximately $1.471MM on Memphis’ cap.
Other players receiving increased guarantees this week include Khem Birch of the Magic and Pistons big man Eric Moreland. According to Pincus’ and Marks’ data, Birch will see his salary guarantee jump from $25K to $408K, while Moreland’s will increase from $750K to $1MM. Both players will receive fully guaranteed 2017/18 salaries on January 10, if they remain under contract.
Birch, who has spent the first few years of his professional career with teams in the G League or overseas, was excited to make an NBA roster for the first time this season, as Josh Robbins of The Orlando Sentinel detailed over the weekend. The Canadian big man didn’t see any action during the Magic’s first game of the season on Wednesday night.
As for Moreland, the 25-year-old was a surprise inclusion in the Pistons’ rotation on Wednesday night, playing 12 minutes as a backup center. While he didn’t score at all, Moreland picked up three steals during his time on the court.
One year after using their first-round pick to draft Wade Baldwin, the Grizzlies have parted ways with the young point guard. The Grizzlies have waived Baldwin, according to a team release. Adrian Wojnarowski of ESPN reported earlier in the day that Memphis intended to waive or trade him (Twitter link). 
The Grizzlies also waived rookie forward Rade Zagorac to reach the 15-man regular season limit, the release adds. Wojnarowski had reported earlier (via Twitter) that the Grizzlies would be shedding Zagorac by waiving or trading him.
The Grizzlies’ decisions come as a bit of a surprise. At the start of camp, it appeared that forward Jarell Martin was on the chopping block for the club, and point guard Andrew Harrison was another player whose roster spot appeared to be in danger.
With Memphis waiving Baldwin and Zagorac, there will be room to carry both Martin and Harrison, along with veteran point guard Mario Chalmers, who has a small ($25K) partial guarantee on his contract. Wojnarowski has confirmed (via Twitter) that Chalmers and Harrison will remain on the roster as backups to starting point guard Mike Conley. Chalmers’ minimum salary deal will become fully guaranteed if he remains under contract through Wednesday.
The optics of the moves aren’t great for the Grizzlies, who drafted Baldwin a year ago using the 17th overall pick. He’s owed a guaranteed $1,874,400 salary this season, but the club won’t be on the hook for any future salary, since his $1,955,160 team option for 2018/19 hadn’t been picked up.
The Grizzlies will actually owe more guaranteed money to Zagorac, another 2016 draftee, who was stashed for one year and then signed a partially guaranteed three-year deal this offseason. The 35th overall pick in 2016, Zagorac will be owed $950K this season and $1,378,242 in 2018/19. His third-year team option for 2019/20 is non-guaranteed.
This marks the second straight preseason in which the Grizzlies have given up on a former first-round pick still on his rookie contract. A year ago, the team waived 2014 first-rounder Jordan Adams as part of its roster cutdowns.
Photo courtesy of USA Today Sports Images.
After Saturday’s flurry of roster moves around the NBA, most of the league’s 30 teams are all set for the regular season. Heading into opening night, teams are allowed to carry up to 17 players — no more than 15 on their respective NBA rosters, plus an additional two on two-way contracts.
Saturday didn’t represent the deadline for teams to set the regular season rosters, but it was the last day for a club to waive a player on a fully non-guaranteed contract and avoid having his salary count against the cap. That’s why most teams have already made the necessary moves to ensure their rosters are regular-season-ready.
[RELATED: 2017/18 NBA Non-Guaranteed Salaries By Team]
However, as our roster count page shows, there are four teams who will need to make at least one more trade, cut, or other roster move before they’ll be set for the season. These moves are due by Monday afternoon.
Here are those four teams:
The Grizzlies are exploring trades to reach the roster limit, tweets Keith Smith of RealGM. The team has 16 guaranteed contracts and must get rid of two players by Monday.
Past reports out of Memphis indicated that power forward Jarell Martin is most in danger of being waived, along with point guards Andrew Harrison and Wade Baldwin. Mario Chalmers doesn’t have a fully guaranteed contract, but he has looked good in recent weeks and appears to have a leg up over the younger point guards.
A first-round pick in 2015, Martin will make more than $1.47MM this year. He has spent much of the past two seasons in the G League, but played 42 games for the Grizzlies in 2016/17, averaging 3.9 points per night in about 13 minutes.
Harrison earned a spot in the rotation as a rookie point guard last season and appeared in 72 games, starting 18. He has a guaranteed $1,312,611 salary for this year and a fully non-guaranteed $1,544,951 for 2018/19.
Baldwin, a first-round pick in 2016, appeared in 33 games as a rookie point guard. He is guaranteed more than $1.87MM for this season.