Earlier this week, the Memphis Grizzlies signed former Kentucky guard Marquis Teague for the remainder of the NBA season.
Today, they waived him.
Here are details from CBS Sports:
While Teague technically signed for the remainder of the season just a few days ago, his contract was mostly non-guaranteed, so waiving him doesn’t carry much of a financial penalty for the Grizzlies. Memphis will replace Teague on the roster with Omari Johnson, a 28-year-old forward who played well over the final two months of the G League season.
ROSTER UPDATE: We've signed Omari Johnson to multi-year contract & have waived Marquis Teague.