Kentavious Caldwell-Pope has agreed to a buyout with the Memphis Grizzlies and plans to sign a one-year, $3.9 million deal with the Philadelphia 76ers once he clears waivers. The Grizzlies and Caldwell-Pope's agent, Klutch Sports CEO Rich Paul, finalized the buyout Saturday.
The move gives Philadelphia a veteran wing shooter and defender just one day after the team signed LeBron James. Caldwell-Pope, a two-time NBA champion, won his first title with the Lakers in 2020 alongside James during the league's bubble format before capturing a second ring with the Denver Nuggets in 2023.
Caldwell-Pope, 33, underwent surgery in February to address a misalignment in his right pinkie finger, sidelining him for the final 31 games of last season. Before the injury, he averaged 8.4 points, 2.7 assists, 2.5 rebounds and 21.3 minutes across 51 games with Memphis, marking his lowest scoring and minutes averages since his rookie season. He shot 49.5 percent on two-point attempts and 31.6 percent from three-point range.
Caldwell-Pope has long been regarded as one of the league's top 3-and-D players, though his three-point shooting has declined in recent seasons. After shooting at least 39 percent from beyond the arc every season from 2020 to 2024, he has failed to top 34.2 percent over the past two seasons.