Grizzlies waive Marc Gasol days after trading for his rights

MEMPHIS, Tenn. — The Memphis Grizzlies have waived center Marc Gasol days after acquiring his rights in a trade with the Los Angeles Lakers. 

The Grizzlies announced the move Wednesday. 

They acquired Gasol from the Lakers along with a 2024 second round draft pick and cash for the draft rights to center Wang Zhelin (57th overall in 2016) on Sept. 10. The move saved the Lakers about $10 million against the salary cap and the league’s luxury tax.

The 36-year-old center spent his first 11 NBA seasons with Memphis. He averaged a career-low 5.0 points and 4.1 rebounds per game last season with the Lakers. The 7-foot-1 center never found a regular role in the injury-plagued Lakers’ rotation while they lost in the first round of the postseason.