Report: Clippers acquire Bledsoe from Grizzlies. MORE:
The deal saves the Clippers $30 million in luxury tax and creates an $8.3 million traded player exception they will have a year to use.
The trade gives the Grizzlies salary cap flexibility in the summer of 2022, when Bledsoe is guaranteed $3.9 million of the $19.3 million in the last year of his deal. Memphis has 16 guaranteed contracts now and will be open to trades for some of the players returning in this deal, sources said. The Grizzlies are open-minded on how they all might fit into the team, but Memphis already has a packed roster.
Oturo was the 33rd overall pick in the 2020 draft and had been having a solid NBA Summer League with the Clippers. New Orleans traded Bledsoe to the Grizzlies prior to the July draft to create salary cap room, and Memphis had been working to move Bledsoe onto a new destination.the following season, limiting Bledsoe's playing time. After three seasons with the Clippers, Bledsoe was traded to Phoenix. He played his best basketball in Phoenix, averaging 21.1 points and 6.3 rebounds in 2016-17.
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