MEMPHIS, Tenn. (AP) -The Memphis Grizzlies and point guard Damon Stoudamire have reached a tentative agreement to put him on waivers Monday, and if the veteran is not claimed within 48 hours he will be given his release.
A team spokesman confirmed the planned timetable for Stoudamire's release Saturday night.
Stoudamire was on the inactive list for the Grizzlies' game against the Los Angeles Clippers, and was not available for comment.
Stoudamire was signed by the Grizzlies as a free agent in 2005. He has started all 29 games he played this season and is averaging 7.3 points and 3.9 assists, but has not played since scoring four points against San Antonio on Dec. 30.
Asked Saturday night about Stoudamire's status with the team, coach Marc Iavaroni said, ``I have nothing new to report.''
Stoudamire and the Grizzlies have been negotiating a buyout of his contract. Stoudamire is owed $4.6 million for next season - a figure that would be cut in half if he plays in fewer than 55 games or averages less than 20 minutes per game this season.
He was the Grizzlies' starting point guard earlier in the season but has been relegated to the bench in favor of younger players Mike Conley Jr., the fourth overall pick in last year's draft, and Kyle Lowry, a second-year player from Villanova.
Even though Conley also was inactive Saturday because of a right chest contusion, Stoudamire was not dressed out, an indication that his departure is imminent.
Before Friday night's game in Washington, Stoudamire said he was awaiting a buyout.
``I want it done as soon as possible,'' he said. ``But you've got to be patient. You've got to wait.''

Top NBA Public Bets

#1 711 Denver Nuggets  84%
#3 702 Miami Heat  66%
#4 710 Phoenix Suns  64%
#5 707 Detroit Pistons  61%

NBA Top Stories

Thumbnail Kings vs. Trail Blazers Pick Are the host Portland Trail Blazers going to dominate the Sacramento Kings on the second night of a home-and-home series? Tip-off is...
Thumbnail Bucks vs. Mavericks Pick Are the Milwaukee Bucks and host Dallas Mavericks going to play a game that...
Thumbnail Rockets vs. Grizzlies Pick Will the host Memphis Grizzlies wrap up the season series with the Houston Rockets with a win tonight when the two...
Thumbnail Celtics vs. Hawks Pick Are the Boston Celtics going to secure a 15th straight win and cover the spread tonight at the Atlanta Hawks? Game...
Thumbnail Warriors vs. 76ers Pick Are the Golden State Warriors going to cover the spread for the second time in as many weeks tonight versus the host Philadelphia 76ers? Tip-off is...

NBA Team Pages