As reported by Ron Tillery, the Grizzlies have waived second year shooting guard Jamaal Franklin via the stretch provision this afternoon.
Griz waived second-year guard Jamaal Franklin today using stretch provision, per source. CA story coming…
— Ronald Tillery (@CAGrizBeat) August 31, 2014
Franklin’s tenure with the Grizzlies was short, as he appeared in only 21 games last season, while bouncing back and forth between Fort Wayne and Memphis.
“The Grindson,” as he was affectionately dubbed by Jason Levien prior to last season, did not help his case to be carried into training camp with his showing at the Orlando Summer League, where he shot 29.2% from the field.
By using the stretch provision on Franklin, the Grizzlies will pay the remainder of his contract ($816,000 per ShamSports) over the next three seasons, with the option to distribute the salary cap hit accordingly.
The Grizzlies freeing up a roster spot lends itself to chatter of a roster move being imminent, but it is important to note that Franklin had to be waived by today’s deadline in order to use the stretch provision.