Report: Kentavious Caldwell-Pope Exercising Option to Stay in Memphis
The veteran guard is set to return on the final year of a three-year, $66 million deal after averaging 8.4 points last season.
- On Friday, Memphis Grizzlies guard Kentavious Caldwell-Pope exercised his $21.6 million player option for the 2026-27 season, sources told ESPN's Shams Charania. The decision ensures the 33-year-old veteran remains with the Grizzlies.
- The Grizzlies acquired Caldwell-Pope last offseason in a trade sending Desmond Bane to the Orlando Magic. The veteran signed his current three-year, $66 million contract before the 2024-25 season.
- Last season, Caldwell-Pope played 51 games and averaged 8.4 points while shooting 31.6% from 3-point range. He missed the final 29 games after undergoing surgery on his right pinky finger in February.
- Spotrac reported the Grizzlies were already over the salary cap by $1.2 million prior to Caldwell-Pope exercising his contract option. This move locks in his salary for the final year.
- Coming off a 25-57 season, the Grizzlies finished 13th in the Western Conference. Head coach Tuomas Iisalo looks to the two-time NBA champion for veteran leadership as the young squad attempts to find its footing.
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Report: Kentavious Caldwell-Pope exercising option to stay in Memphis - Regional Media News
After missing out on nearly half of last season, Kentavious Caldwell-Pope reportedly is giving it another go in Memphis. The two-time NBA champion swingman will exercise his $21.6 million player option for next season and remain with the Grizzlies, ESPN reported Friday. Caldwell-Pope, 33, missed 31 games last season, including the final 29 after undergoing surgery on his right pinky finger in February. He was averaging 8.4 points, 2.7 assists an…
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NBA – After a complicated season, individually and collectively, Kentavious Caldwell-Pope would have been wrong to refuse nearly $22 million. Without a transfer or even a buyout, Kentavious Caldwell-Pope will not move soon from Tennessee. Indeed, he had until Monday to rule on his "player option" and ESPN reports that he decided not to make it play, in order to stay one more year in Memphis. A logical decision, because "KCP" would not have been …
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