Biography & Early Wealth Journey
The Grizzlies frequently don't keep the players they receive, though. Memphis has paid $34.5 million to four players over the past three seasons to go away. And a fun trend has developed: each of those four players has ended up on the Los Angeles Lakers.
Ja Morant (L) and LeBron James (Brandon Dill/Getty Images)
In fact, the Grizzlies have subsidized nearly 13% of the Lakers' roster over those three seasons. They've paid Avery Bradley, Dwight Howard, Dion Waiters, and Rajon Rondo to leave the team. According to capologist Yossi Gozlan, the Grizzlies paid $34.5 million while the Lakers paid just $10.4 million to roster these four players.
Primary Income Streams & Multi-Million Contracts
Waiters' deal is the most egregious of the bunch. He was on the Grizzlies for a mere three days, but they paid him $12.1 million during the 2019-20 season and then $12.5 million last year, even though he had been waived the season before. The Lakers paid him $500,000 despite Waiters playing in only seven regular-season games. Waiters did score a championship out of the deal, so he's probably okay with how things turned out.
Memphis is certainly not a free agent destination, so the team has to build through the draft and trades. In many cases, that means overpaying or taking on these contracts to get a player they actually want. For instance, the Grizzlies traded Andre Iguodala, Jae Crowder, and Solomon Hill to the Miami Heat primarily to get Justise Winslow, though they also had to take on the contracts of Waiters and James Johnson, too.
The gamble didn't pay off; the Grizzlies just declined Winslow's team option this season after he played in only 26 games for them. He joined the Los Angeles Clippers in free agency, fittingly also finding his way to L.A.
The Grizzlies are an exciting team, led by future superstar Ja Morant. But as they look to grow, they'll have to spend a lot of money — and sometimes, that money is going to players who are no longer on the team.
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