Skip navigation

One day after trade, Grizzlies waive Stackhouse

Guard part of 4-team deal, but team didn’t want to pay $7 million salary

Slideshow
Indiana Pacers v Atlanta Hawks
  Dancers from around the league
Check out some of the dancers from the NBA.

more photos

Video: NBA from NBC Sports
Bad blow for Griffin, Clippers
Oct. 27: Blake Griffin will miss the first six weeks of his opening NBA season with a broken kneecap.

  Ask the NBA expert: Ira Winderman

Do you have a burning question about your favorite team or player? Submit it now, and then check back for our reader mailbag on the 1st and 15th of each month.

updated 4:43 p.m. ET July 10, 2009

MEMPHIS, Tenn. - The Memphis Grizzlies have waived Jerry Stackhouse, just a day after acquiring the NBA veteran in a four-team, eight-player trade.

General Manager and Vice President of Basketball Operations Chris Wallace announced the move Friday after Thursday’s blockbuster deal involving the Grizzlies, Dallas Mavericks, Toronto Raptors and Orlando Magic.

As part of the trade, Grizzlies guard Greg Buckner was sent to Dallas, and the Grizzlies also received a second-round pick and cash from Toronto and cash from Dallas.

Story continues below ↓
advertisement | your ad here

The 34-year-old Stackhouse was due more than $7 million with the Mavericks next season, but his contract could be bought out for $2 million — likely the amount of cash Memphis received in the trade.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sponsored links