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The Memphis Grizzlies declined the $14.8 million option for guard Luke Kennard on Saturday. The 28-year-old appeared in only 39 games for Memphis last season, averaging 11.0 points, 3.5 assists, and 2.9 rebounds. He also shot 45.0% from behind the arc. Memphis hopes to work out a new agreement. But Kennard should draw plenty of interest on the open market for a team looking for a reliable depth piece.--Dennis Clausen
Source: Adrian Wojnarowski
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Terry McLaurin

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