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Grizzlies decline Lance Stephenson’s option

The Memphis Grizzlies have waived guard Lance Stephenson for the 2016-2017 season, where he was due to make $9.4 million. He is officially an unrestricted free agent this summer.

Although the salary cap has risen, the Grizzlies are looking to create extra space for potential max free agents, including recruiting back their own point guard, Mike Conley.

They have been rumored to want Stephenson back at a lower salary range, but it’s no gurantee that he will sign with the team in any capacity when the season begins in October.

Stephenson was a mid-season acquisition from the Los Angeles Clippers, and in Memphis he had a few up and down moments while adjusting to his new team.

The Grizzlies are at a crucial stage as they decide what they are doing for the future. At the end of last season, there were just too many injuries to bear, and they were eliminated in a sweep in the first round of the playoffs.

There is no word of Lance’s potential suitors yet, but he’s bound to find a solid chunk of change wherever he ends up.

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