Luke Kennard's extended contract negotiation with the Memphis Grizzlies has reportedly drawn to a close according to ESPN's Adrian Wojnarowski:
Kennard's 1-year $11-million dollar deal takes the Grizzlies, according to Keith Smith at Spotrac, to about $1M into the luxury tax. Smith added, "That's easy enough (for the Grizzlies) to work around with a smaller move."
GRIZZLIES RE-SIGN LUKE KENNARD
Memphis, Tenn. – The Memphis Grizzlies announced the team re-signed wing Luke Kennard. Per team policy, terms of the deal were not disclosed by the club.
Kennard (6-5, 206) has appeared in 63 games (25 starts) and has averaged 11.1 points, 3.0 rebounds and 3.0 assists in 25.2 minutes while shooting 47.5 percent from the field, 48.3 percent from 3-point range and 90.6 percent from the free throw line since he was acquired by the Grizzlies from the LA Clippers on Feb. 9, 2023.
The 28-year-old has shot 43.9 percent from 3-point range over his seven-year career, which leads all active NBA players and ranks third in NBA history among qualifiers. He led the NBA in 3-point percentage during the 2021-22 season (44.9) and 2022-23 season (49.4), becoming the second player ever to lead the league in consecutive seasons, and ranked second in the category during the 2023-24 season (45.0).
Selected by Detroit with the 12th overall pick in the 2017 NBA Draft following his sophomore year at Duke, Kennard has appeared in 395 games (110 starts) and has averaged 10.0 points, 2.8 rebounds and 2.1 assists in 23.5 minutes for the Grizzlies, Clippers and Pistons. The Ohio native also has competed in 24 playoff games (two starts) and has averaged 7.5 points and 2.1 rebounds in 19.1 minutes while shooting 46.3 percent from long range.
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