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Free agent guard Luke Kennard has agreed on a one-year, $11 million contract to stay with the Memphis Grizzlies, sources told ESPN on Wednesday.
Kennard, a key floor spacer for a franchise expecting to contend in the Western Conference, averaged 11 points, 3.5 assists and 45% on 3-point shooting for the Grizzlies last season. He's a career 44% 3-point shooter in his seven NBA seasons.
Kennard joined the Grizzlies in a trade deadline deal with the LA Clippers in 2023 and averaged 25.6 minutes in 39 games last season.