The Memphis Grizzlies have chosen not to pick up Luke Kennard’s $14.8 million option.

The news broke on Saturday via ESPN that the Memphis Grizzlies have opted not to exercise Luke Kennard’s $14.8 million option for the upcoming season, thereby making him a free agent. Despite this decision, there remains a possibility that the shooting guard and the Grizzlies could negotiate a new contract moving forward.

Luke Kennard, aged 28, has showcased strong shooting prowess during his tenure with the Grizzlies, boasting a remarkable 48.3 percent success rate from beyond the arc. Over the course of 63 games spanning parts of two seasons with Memphis, he has maintained an average of 11.1 points per game.

During the previous season, Kennard faced challenges due to injuries, limiting him to 39 games, 22 of which he started. Despite these setbacks, he demonstrated his scoring ability by averaging 11.0 points per game and a notable 45 percent shooting accuracy from 3-point range. Throughout his NBA career spanning seven seasons, Kennard has accumulated experience with the Detroit Pistons (2017-2020), Los Angeles Clippers (2020-2023), and the Memphis Grizzlies, whom he joined following a trade with the Clippers in February 2023.

Across his career, Luke Kennard has participated in 395 games, starting in 110 of them, and has maintained career averages of 10.0 points, 2.8 rebounds, and 2.1 assists per game, while shooting an impressive 43.9 percent from long range. Originally drafted by the Detroit Pistons as the 12th overall pick in the 2017 NBA Draft out of Duke University, Kennard has evolved into a reliable perimeter threat in the league.

In summary, while the Memphis Grizzlies have decided not to exercise Luke Kennard’s option for the upcoming season, making him a free agent, discussions regarding a potential new contract between Kennard and the Grizzlies remain open. Kennard’s career has been marked by his sharpshooting abilities and versatility across multiple teams, illustrating his value as a sought-after player in the NBA.

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