Saturday marked the deadline for the Memphis Grizzlies to exercise 28-year-old Luke Kennard’s $14.8 million team option for the 2024-25 season. They declined, ESPN’s Adrian Wojnarowski reported. As a result, the 2015-17 Duke basketball guard, a former late lottery pick, is now set to become an unrestricted free agent. However, Wojnarowski noted that the Grizzlies and Kennard “are eager to pursue a restructured deal.” On the other hand, given Kennard’s consistent prowess in the 3-point department, he’s bound to see considerable interest from other franchises. ESPN Sources: The Memphis Grizzlies are declining guard Luke Kennard’s $14.8M option, but both sides are eager to pursue a restruc
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