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Grizzlies Nightly Desk · transactions · Monday, October 19

Micah Peavy Leaves the Memphis Grizzlies Roster

Memphis Grizzlies→Off the roster
Micah Peavy
Micah Peavy
G-F · 25 · 1 seasons · 4.3 ppg 2025-26
The move
Leaves the Grizzlies
official roster · Oct 19, 2026
2026-27 cap hit
$2.15M
3 seasons on the books through 2028-29
Grizzlies payroll
$161.1M
under the cap · cap $165.0M · tax $200.4M
Roster
18 players
standard limit 15 + 3 two-way
By the Grizzlies Nightly Desk · 2 d ago

Micah Peavy is no longer on the Memphis Grizzlies roster as of Monday, Oct. 19. A report that day said the Grizzlies were waiving him and Walter Clayton Jr.

The move

Micah Peavy, a 25-year-old guard-forward, leaves the Memphis Grizzlies roster. The move was detected on the official roster on Monday, Oct. 19. He is now off the roster. Earlier that day, hoopsrumors reported "Grizzlies Waiving Walter Clayton Jr., Micah Peavy," at 45% confidence. The roster move is consistent with that report, but the destination and any next step for Peavy are not announced.

The money

Peavy's contract on file runs $2.2M for 2026-27, $2.5M for 2027-28 and $2.7M for 2028-29, the last year a team option. Memphis carries $161.1M across 22 contracts for 2026-27, which is under the cap. The cap is $165.0M, the tax line is $200.4M, the first apron is $209.0M and the second apron is $221.7M. How his departure changes that payroll is not announced.

The fit

Peavy played 61 games last season, averaging 15.0 minutes, 4.3 points, 1.9 rebounds and 1.0 assists. He was a depth wing in a rotation led by Toby Okani at 36.2 minutes, followed by Lucas Williamson at 32.0 and Rayan Rupert at 30.9. Jaren Jackson Jr. scored 19.2 points a night and Ja Morant 19.4. The roster now counts 18 players, against a standard limit of 15 plus 3 two-way.

Did the Grizzlies waive Micah Peavy?

He left the official roster on Oct. 19. A hoopsrumors report that day said Memphis was waiving him and Walter Clayton Jr., at 45% confidence.

What is Micah Peavy's contract?

He is on file at $2.2M for 2026-27, $2.5M for 2027-28 and $2.7M for 2028-29, with the last year a team option.

Where is Micah Peavy going next?

Not announced.

By the Grizzlies Nightly Desk, from the data on this page, rewritten when the data changes. How the desks work.
The report that came first · Mon, Oct 19
confidence 45% · confirmed by the roster
2026-27$2.15M
2027-28$2.53M
2028-29team option$2.74M

Grizzlies rotation

tracker →
Jerami Grant29.7 min · 18.6 pts
Jaylen Wells26.4 min · 12.5 pts
Cedric Coward25.8 min · 13.6 pts
Zach Edey25.8 min · 13.6 pts
Cam Spencer23.8 min · 11.1 pts
Kris Murray23.4 min · 5.8 pts

Moves are detected from the official rosters, so the mechanism (trade, signing, waiver claim, two-way conversion) comes from the linked report when there is one. Salary figures are cap hits from public salary data.