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The Grizzlies Faced a Roster Crunch So Tight They Waived $6.4 Million

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Memphis Grizzlies logo on gradient background — Created by the Sports On Tap desk | Source : Sports On Tap (team logos property of their respective owners)

The Grizzlies were staring down a serious roster crunch, and it forced them to make some incredibly tough decisions, like waiving two players with guaranteed contracts for this season. We’re talking Clayton, who was on the books for $4.2 million, and Peavy, with $2.2 million. Yeah, that’s $6.4 million in guaranteed money just cut.

Roster Crunch Hits Hard for the Grizzlies

Bobby Marks from HoopsHype spilled the beans on the situation, confirming that the Grizzlies absolutely *needed* to waive two players to get their roster in line. It wasn’t about long-term financial flexibility, either. Both Clayton and Peavy had contracts guaranteed for *this* season, meaning that money was set to be paid. The good news for the Grizzlies, if there is any in this scenario, is that there’s no salary obligation for either player past this current season. But still, cutting guaranteed money like that? It shows just how tight things got.

A Tough Call to Get the Roster Right

This kind of move isn’t made lightly. When you’re facing a roster crunch so intense that you have to eat $6.4 million in guaranteed contracts, it tells you everything you need to know about the depth and competition on that team. It’s a clear signal that the Grizzlies were prioritizing their active roster spots and had to make brutal choices to finalize their squad.

It’s a cutthroat league out there, and for the Grizzlies, making those hard calls, even with guaranteed money on the line, was apparently the only way forward as of October 19, 2026.

This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.

Originally reported by Yahoo Sports.

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