Sources – Grizzlies keep Luke Kennard in fold with $11M deal

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. He was the 12th overall pick of the Detroit Pistons in the 2017 NBA draft out of Duke.