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Grizzlies Part Ways with $20M Former First-Round Pick, High-Volume Shooter After Trading for Him

Jordan Hawkins will become a free agent after clearing waivers, with the move ending his stay in Memphis less than a month after the trade.

  • On Saturday, the Memphis Grizzlies and guard Jordan Hawkins mutually agreed to part ways, allowing the 2023 lottery pick to enter free agency after clearing waivers, sources tell ESPN.
  • This decision comes just three weeks after the Grizzlies acquired Hawkins from the New Orleans Pelicans on September 8 in a four-player trade, with Hawkins serving as the centerpiece for Taj Gibson and AJ Johnson.
  • During 51 appearances with New Orleans, Hawkins posted a 36.6% field goal percentage and 34.8% from 3-point range, with playing time declining to 13.6 minutes per game from 23.6 minutes in 2024-25.
  • Carrying 18 standard contracts, Memphis needed to clear roster space before the regular-season opener; the team remains responsible for Hawkins' full $7 million salary if he clears waivers as expected.
  • With franchise cornerstone Ja Morant traded to the Portland Trail Blazers, the rebuilding Grizzlies are developing a backcourt around Scotty Pippen Jr., Ty Jerome, Jaylen Wells and Cedric Coward, bolstered by rookies Cam Spencer and Walter Clayton Jr.
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hoopsrumors.com broke the news on Friday, October 2, 2026.
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