Grizzlies Rumors

Hard Caps Loom As Potential Obstacles For At Least Three NBA Teams

Over half of the NBA's 30 teams face some sort of hard cap for the rest of the 2024/25 league year. A total of 14 clubs are hard-capped at the first tax apron ($178,132,000) as a result of moves they made on the trade market or in free agency, while three more are hard-capped at the second tax apron ($188,931,000).

Those teams won't be permitted to surpass their respective hard caps for any reason for the rest of '24/25, and it's entirely possible - likely, actually - that more clubs will join them on that list as they finalize in-season signings and trades in the coming months. Just a couple weeks ago, the Grizzlies became the 17th team to get hard-capped when they used a portion of their non-taxpayer mid-level exception to sign Scotty Pippen Jr.

[RELATED: How NBA Teams Become Hard-Capped]

However, in most cases, a hard cap doesn't actually serve as a material obstacle for a team. For instance, the Hornets are currently hard-capped at the first apron, but their team salary for apron purposes is more than $16MM below that threshold.

While the Hornets could take on some additional salary in a pre-deadline trade, it's extremely hard to imagine a scenario in which they surpass the luxury tax line ($170,814,000), let alone approach their $178MM+ hard cap. Certainly, Charlotte's front office should be aware of that hard cap over the course of the season, but it shouldn't be a front-of-mind concern that would prevent the team from pulling the trigger on any moves it realistically wants to make.

Not every team can afford to approach its hard cap like the Hornets though. For a handful of clubs, the hard cap will be a day-to-day consideration that affects a team's ability to sign a free agent, make a trade, or even carry a full 15-man roster.

Let's take a closer look at which teams have to be most aware of their hard caps over the course of the 2024/25 league year.

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Injured Grizzlies Bane, Smart Considered Week-To-Week

Just a week-and-a-half into the 2024/25 regular season, the injuries are piling up for the Grizzlies, who issued a press release on Friday (via Twitter) announcing updates on a handful of their players who have been affected by health issues this fall.

According to the team, swingman Desmond Bane (right oblique strain) and guard Marcus Smart (right ankle sprain) are both considered week-to-week after suffering injuries on Wednesday vs. Brooklyn.

While that’s a somewhat vague timeline, it sounds like the duo is at least expected to miss upcoming games against Philadelphia (on Saturday), Brooklyn (Monday), and the Lakers (Wednesday) and could be out well beyond that.

Second-year wing Vince Williams, who is recovering from a stress reaction in the upper portion of his left tibia, continues to make progress in his rehab process, but is still a little ways off from returning. According to the Grizzlies, Williams is on track to make it back to game action in about two-to-four weeks.

The club also provided an update on two-way guard Cam Spencer, the 53rd pick in this year’s draft. Originally diagnosed in September with a right ankle sprain, Spencer is also dealing with a talar stress reaction that he sustained at the same time, per the Grizzlies. The plan is to reevaluate the rookie in three weeks.

Memphis was the NBA’s most injury-plagued team last season, with Bane (42 games played) and Smart (20 games) among the key players who missed significant time due to various ailments. Star point guard Ja Morant also only played nine times between serving a 25-game suspension and going down with a season-ending shoulder injury.

There has been hope that a bounce-back year would be in the cards with better health luck, and that still could happen, but the season is off to an ominous start on the health front. In addition to the four players noted above, the Grizzlies are also missing forward GG Jackson, who is recovering from foot surgery.

Memphis may soon qualify for a hardship exception, which would allow the team to add an extra or player or two on top of the 15 currently on standard contracts.

A club qualifies for an extra short-term roster spot when it has at least four injured players who have missed three or more consecutive games and are expected to remain out for at least two more weeks. Jackson and Spencer fit that bill, and Williams should too — if either Bane or Smart is expected to have a multi-week absence, the club could apply for a hardship exception after Monday’s game, which will be the third that Bane and Smart have missed.

Grizzlies’ LaRavia, Pistons’ Moore Have 2025/26 Options Declined

The Grizzlies have opted not to exercise Jake LaRavia‘s rookie scale team option for the 2025/26 season, according to Drew Hill of The Daily Memphian (Twitter link).

LaRavia is currently earning $3.35MM in his third NBA season. His fourth-year option would have been worth $5,163,127, but the Grizzlies will turn it down, putting the forward on track for unrestricted free agency next summer.

As Hill explains, Memphis is “encouraged” by the progress LaRavia has made and have interest in retaining him beyond the current season, but want to retain some roster and cap flexibility. The Grizzlies already have 12 other players on guaranteed contracts for 2025/26.

LaRavia, who will turn 23 on Sunday, has appeared in 75 NBA regular season games since being drafted 19th overall out of Wake Forest in 2022. He has averaged 6.9 points, 2.9 rebounds, and 1.3 assists in 17.9 minutes per game, with a shooting line of .393/.335/.780.

LaRavia was one of four players selected by the Grizzlies in the 2022 draft. Memphis has since traded David Roddy and waived Kennedy Chandler, making No. 47 overall pick Vince Williams the team’s most successful selection in that class — Williams was elevated from his two-way contract to the standard roster last season, agreeing to a four-year deal with the Grizzlies.

The deadline for teams to exercise 2025/26 rookie scale team options was 11:59 pm Eastern time on October 31. Pistons wing Wendell Moore was among the other players who had his option declined, confirms Michael Scotto of HoopsHype (Twitter link).

Detroit had five players with rookie scale options for ’25/26 and announced on Oct. 21 that they’d exercised four of those options. That was a very strong signal they weren’t picking up the fifth one, Moore’s, which was worth $4,574,283.

A former No. 26 overall pick, Moore was acquired from the Timberwolves by the Pistons in a salary-dump deal during the offseason and has essentially only ever played garbage-time minutes at the NBA level, logging just 229 total minutes in 55 appearances.

Like LaRavia, Moore will be an unrestricted free agent in the summer of 2025 if he plays out his current contract. The teams that have those players on their rosters at season’s end will be prohibited from offering them starting salaries exceeding what their options would have been worth.

You can view all of this year’s rookie scale option decisions right here.

Injury Notes: Bane, Smart, Banchero, LaVine, Towns, More

The Grizzlies‘ injury list continues to grow, as the club has ruled out Desmond Bane (right oblique strain) and Marcus Smart (right ankle sprain) for Thursday’s contest vs. Milwaukee after they sustained injuries in the first game of their back-to-back set on Wednesday against Brooklyn (Twitter link).

Head coach Taylor Jenkins told reporters, including Chris Herrington of The Daily Memphian (Twitter link), that both players underwent imaging on Thursday, but that the team is still waiting to get the results and to speak to doctors about the severity of the injuries.

As Jeff Stotts of In Street Clothes tweets, oblique strains like the one Bane suffered typically cost players multiple games — the average time missed with an oblique strain, according to Stotts’ injury database, is 11.6 days (4.2 games).

Here are a few more injury updates from around the NBA:

  • Magic forward Paolo Banchero is off to a hot start this season, averaging 29.0 points and 8.8 rebounds in his first five games, but he may not be able to suit up on Friday in a postseason rematch. According to Shams Charania of ESPN (Twitter link), Banchero has been diagnosed with a right abdominal strain and is listed as questionable to play vs. Cleveland.
  • Further testing confirmed that Zach LaVine has sustained a sprained AC joint in his left shoulder, according to K.C. Johnson of the Chicago Sports Network, who tweets that the Bulls guard is considered questionable to play against Brooklyn on Friday.
  • On the heels of his best game of the season, Knicks big man Karl-Anthony Towns is being listed as questionable for Friday’s game in Detroit due to a sprained left wrist.
  • Pelicans forward Herbert Jones (right shoulder strain) and guard CJ McCollum (right adductor soreness) will be reevaluated on Friday in New Orleans, per Andrew Lopez of ESPN (Twitter link), but the duo has already been ruled out for tomorrow’s game vs. Indiana, the club announced in a press release.
  • Thunder forward Kenrich Williams, who underwent an arthroscopic procedure on his knee in September, is making progress toward a return. He was assigned to the Oklahoma City Blue on Wednesday to practice with the Thunder’s G League affiliate, according to the team.

New York Notes: Towns, Hart, Williams, Schroder

The Knicks’ bold move to acquire Karl-Anthony Towns paid off in a big way on Wednesday. The former Minnesota big man, who averaged 15.3 points in his first three games with his new team, erupted for 44 points in a victory over Miami.

Towns had 25 field-goal attempts after not attempting more than 11 in the first three games.

“I think we did a good job of just feeding the hot hand,” Jalen Brunson told the New York Post’s Stefan Bondy. “He was hot and we were just playing through him. He was making the right reads and when they doubled he either got fouled or he made the right play. We trust him. We trust him.”

We have more on the New York teams:

  • Josh Hart was listed as questionable entering the contest after getting accidentally kicked in the shin by Cleveland’s Caris LeVert on Monday. He wound up playing 42 minutes and contributing 10 points, 14 rebounds and six assists. “That’s what you love about him,” coach Tom Thibodeau said, per Bondy. “There’s no other agenda other than winning. So whatever you ask him to do he’s going to give you everything he has.”
  • Ziaire Williams was thrilled to get some revenge on his former team on Wednesday, as the Nets beat the Grizzlies on the road. Williams, a 2021 pick, was dealt to the Nets over the summer in what was essentially a salary dump. He contributed 17 points, three assists and four steals in the 13-point win. “Oh, man, it feels great. I wanted this one bad, man,” Williams told Brian Lewis of the New York Post . “It was a weird feeling just being out there on the other side. It’s still all love, yeah, miss those guys. But nah, I was definitely happy I was able to talk some smack and more importantly get the win.”
  • Dennis Schröder, an unrestricted free agent next summer who’s hopeful of re-signing with the Nets, poured in 33 points — including 11 in the fourth quarter — against the Grizzlies. He’s averaging 24.6 points and 8.2 assists per game. “At one point, he said, ‘Just give me the ball. I’ll take care of this.’ And that’s what he does. He’s a leader,” coach Jordi Fernandez said, per Lewis. “He puts everybody in place. If he has to score, he scores. And he finished the game. So it’s really, really, really good to have him on the court.”

Details Of Jay Huff's Contract Revealed

  • Jay Huff‘s new four-year contract with the Grizzlies includes a prorated minimum salary for the rest of the season, a source tells cap expert Yossi Gozlan (Twitter link). Huff is set to receive $2.4MM in 2025/26 and $2.7MM with a $379,382 guarantee in 2026/27. Memphis will have a $3MM team option with a $427,323 guarantee for 2027/28. Gozlan notes that the Grizzlies are now $1.8MM below the tax line and have $8.6MM left in their non-taxpayer mid-level exception.

Colin Castleton Signs Two-Way Deal With Grizzlies

Free agent center Colin Castleton has joined the Grizzlies on a two-way contract, the team announced (via Twitter).

The 24-year-old was included on the Long Island Nets’ training camp roster that was released over the weekend. The team acquired his returning player rights in a G League trade earlier this month.

Castleton signed a two-way deal with the Lakers last summer after going undrafted out of Florida. He saw limited time in 16 NBA games, but averaged 16.4 points and 10.5 rebounds in 24 G League Showcase Cup and regular season contests with the team’s South Bay affiliate.

Castleton re-signed with L.A. on another two-way deal in July, but he was waived just before the start of the season when the Lakers gave a two-way contract to preseason standout Quincy Olivari.

The signing leaves the Magic as the only NBA team with a two-way slot open. Cam Spencer and Yuki Kawamura are Memphis’ other two-way players.

Southwest Notes: Kennard, Grizzlies, Pelicans, Rockets

Grizzlies sharpshooter Luke Kennard, who has missed the first three games of the season due to a left foot muscle strain, is getting closer to returning to action. According to Damichael Cole of The Memphis Commercial Appeal (Twitter link), head coach Taylor Jenkins said today that Kennard was a full participant in Tuesday’s practice and that he’ll ramp up his activity over the next week.

Kennard was limited to just 39 outings last season due to injury issues, but was his usual effective self from beyond the arc when he played, averaging 11.0 points per game and making 45.0% of his three-point attempts. He re-signed with the team on a one-year, $9.25MM deal and will be an unrestricted free agent again next summer.

Here’s more from around the Southwest:

  • The Memphis Hustle, the Grizzlies‘ G League affiliate, announced their training camp roster on Monday in a press release. The 17-man squad includes multiple former NBA second-round picks, including guard David Johnson and forward Robert Woodard.
  • After their starting lineup was outscored in its minutes last season, the Pelicans made offseason moves in the hopes of revamping that five-man group. However, they’ve been forced to play a similar unit in the early going this season due to injuries to Dejounte Murray and Trey Murphy, with Daniel Theis replacing Jonas Valanciunas at center. As a result, the team has no choice but to try to figure out why a starting five featuring Zion Williamson, Brandon Ingram, and CJ McCollum isn’t more effective offensively, writes Christian Clark of NOLA.com.
  • Veteran guard Elfrid Payton is the headliner on the official training camp roster announced by the Birmingham Squadron, the Pelicans‘ G League affiliate. Ike Anigbogu and Jalen Crutcher are among the other Squadron players with some NBA experience.
  • Former NBA lottery pick Thon Maker and former Knicks guard Allonzo Trier are among the notable names on the training camp roster announced by the Rockets’ G League affiliate, the Rio Grande Valley Vipers (Twitter link).

Rudy Gay Announces Retirement

Rudy Gay has decided to call it a career, according to Shams Charania of ESPN, who reports (via Twitter) that the veteran NBA forward is retiring. Gay confirmed the news with an article in The Players’ Tribune.

Gay, 38, was the eighth overall pick in the 2006 draft out of UConn. He began his professional career with the Grizzlies and spent his first six-and-a-half seasons in Memphis before being sent to the Raptors ahead of the 2013 trade deadline.

The forward was flipped to Sacramento less than a year later and spent three-and-a-half seasons with the Kings (2013-17) before moving onto San Antonio during the 2017 offseason. He wrapped up his NBA career by playing for the Spurs for four seasons (2017-21) and the Jazz for two years (2021-23).

Gay was in camp with the Warriors during the fall of 2023, but didn’t make the regular season roster and hasn’t played for an NBA team since then, though he was still being paid by the Thunder in 2023/24 after being waived in July 2023 with guaranteed money left on his contract.

Over the course of his 17 NBA seasons, Gay compiled 17,642 career points, which places him 91st on the league’s all-time scoring list, right behind Magic Johnson and Shawn Marion. Gay averaged 15.8 PPG across 1,120 total regular season outings (779 starts), with a shooting line of .452/.346/.799. He also chipped in 5.6 rebounds, 2.0 assists, and 1.1 steals per contest.

Gay still ranks among the Grizzlies’ all-time franchise leaders in a handful of statistical categories, including points (fifth), rebounds (fifth), and steals (fourth). He averaged at least 20 points per game in three separate seasons, including in 2014/15, when he put up a career-best 21.1 PPG for the Kings.

The 6’8″ forward never made an All-Star Game, but finished third in Rookie of the Year voting in 2007 and was named to the All-Rookie First Team. His career earnings exceeded $184MM, per Basketball-Reference.

“I’m 38 years old,” Gay wrote in his Players’ Tribune article. “That’s nowhere even near mid-career for most people’s professional lives. So, the way I see it, I’ve got a lot of work ahead of me. I just need to figure out what exactly that means.

“Maybe it’s public speaking, or media, or business. We’re gonna see. I have a contracting company, a real estate company. I have the PickUp USA Fitness gym in Towson, Maryland. There are a bunch of things I’ve already begun devoting some time to. Now it’s just a matter of finding one big new thing that I love, and then throwing my energy into it.”

Grizzlies Notes: Huff, Jenkins, Morant, Edey

Grizzlies coach Taylor Jenkins said Jay Huff earned his promotion by delivering when called upon, Jenkins said in the pregame press conference on Monday. Huff had his two-way deal converted into a standard four-year contract on Monday.

“He took full advantage of his opportunity. Once he signed here, he was a participant [in the] offseason workouts with his teammates, and then at the start of the season, we learned a lot,” Jenkins said. “Obviously, we had studied him in college and his first couple of years in the NBA, but he’s more dynamic than I remember. The way he can run the floor [and] obviously his shooting has been a great addition to this group, especially at the four or five position. Some versatility there offensively, the principles that we’re talking about, how he moves without the ball. I think he’s picked up on that great.

“… And then defensively, he’s still learning our system, things that we need to do to deploy him. But I think he was Defensive Player of the Year in the G League last year. … This guy has said multiple times that he’ll accept any role, and it’s great to see that he got rewarded for that, because that just adds to the depth that we need for the season.”

We have more on the Grizzlies:

  • Huff’s contract includes two guaranteed years with partial guarantees for the third season and a fourth-year team option, The Athletic’s John Hollinger tweets. That option would be partially guaranteed if it’s exercised.
  • Ja Morant missed Monday’s game due to right thigh soreness, the team’s PR department tweets. Morant averaged 20.7 points and 7.3 assists in the first three games after playing just nine times last season due to a suspension and shoulder surgery.
  • Zach Edey was touted as a potential Rookie of the Year but he’s off to a slow start. Edey is still adjusting to the NBA pace, he told Kelly Iko of The Athletic. “We didn’t really get up and down too much at Purdue,” Edey said. “We were more in the half court, slow the pace down. But it’s just basketball. You just have to adjust.”