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Jun 20, 2026, 10:15 AM ET

ESPN's Shams Charania reports that Memphis Grizzlies guard Kentavious Caldwell-Pope is exercising his $21.6 million player option for 2026-27. The 33-year-old returns on the final year of the deal he signed with Orlando in 2024, having landed in Memphis last June in the Desmond Bane trade. Right pinky surgery in February ended his season early, and he averaged 8.4 points, 2.7 assists and 2.5 rebounds across 51 games while shooting just 31.6 percent from three, well below his 36.5 percent career mark. The opt-in itself does little for fantasy, since Caldwell-Pope is a low-usage 3-and-D piece on a retooling team. The decision worth tracking is whether Memphis keeps him, trades him or eventually explores a buyout, which could clear backcourt minutes for Cam Spencer and the rest of the young guard group.--Brian Dailisan
Source: Shams Charania
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