Grizzlies Working On Cole Anthony Exit To Create Cap Space

Grizzlies Working On Cole Anthony Exit To Create Cap Space

The Memphis Grizzlies are working with Cole Anthony on his exit that creates cap space for the team to finalize their renegotiate-and-extend deal with Jaren Jackson Jr. The Grizzlies acquired Anthony as part of their Desmond Bane deal with the Orlando Magic. Anthony is on a $13.1 million deal this season while his $13.1 million for 2026-27 is a team option. Anthony signed a three-year, $39.1 million extension with the Magic in October 2023. Anth…

Cole Anthony reportedly on the move

Two weeks after Orlando dealt guard Cole Anthony to Memphis in a blockbuster deal, it appears that the former Carolina guard will eventually sign with another team. ESPN's Shams Charania reported Monday evening that the Grizzlies are working with Anthony's agents because they want more cap space to renegotiate and extend Jaren Jackson Jr.'s contract, saying that it means that Anthony is "entering the marketplace."