Luke Hancock, a clutch championship shooter at Louisville, has reached agreement on a one-year, NBA-minimum contract with the Memphis Grizzlies, league sources told RealGM.

Hancock, 24, went undrafted in June after playing two collegiate years at George Mason and his final two for Rick Pitino. As the Most Outstanding Player in the 2013 NCAA tournament, Hancock propelled Louisville to a national championship and went for 22 points and 5-of-5 three-point shooting in the title game against Michigan.

The 6-foot-6 swingman averaged 12.3 points and 2.6 rebounds in 36 games last season.

Hancock played for the Orlando Magic and Houston Rockets in the July NBA Summer League.

Jamaal Franklin was waived by the Memphis Grizzlies on Sunday.

The Grizzlies released Franklin under the stretch provision.

Franklin had two seasons left on his contract.

In this episode, host Daniel Leroux (@DannyLeroux) works through the Southwest Division with Ed Maisonet of The Sports Fan Journal and SBNation (@edthesportsfan) and Jonathan Tjarks of RealGM (@JonathanTjarks).  

They review the events of the offseason including which teams improved and which teams got worse, with special attention for the overhauls in Dallas and Houston. After that, the group previews the upcoming season including ranking the teams 1-5 and predicting how many teams will make the playoffs in a stacked Western Conference.

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