The Memphis Grizzlies roster was decimated last season, but one notable bright spot among those who stepped up was swingman Lance Stephenson after he arrived in a February trade from the Los Angeles Clippers.
Memphis chose to exclude Stephenson from its plans for the 2016-17 season—at least on what his salary would have been—reportedly declining his club option and the final year of his contract on Monday.
Shams Charania of The Vertical first reported the news, with Ronald Tillery of the Commercial Appeal confirming the report.
The 25-year-old helped the Grizzlies hang tough and still qualify for the playoffs, as many of their core players suffered injuries down the stretch. His option would've had Memphis on the hook for $9.4 million in salary for the upcoming season, per Spotrac.
Stephenson had an underwhelming stint with the Charlotte Hornets during the 2014-15 campaign and played sparingly in the Clippers rotation before receiving a new lease on life as a big contributor for the Grizzlies. He embraced the opportunity and averaged 14.2 points in 26 games for Memphis.
The t ...
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Article written by Matt Fitzgerald
Lance Stephenson’s Contract Option Declined by Grizzlies
June 27th, 2016 by Matt Fitzgerald Leave a reply »
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