The Memphis Grizzlies will not buy out Andre Iguodala, according to Adrian Wojnarowski of ESPN.

The Grizzlies are instead looking for an asset in return for Iguodala, who they acquired from the Warriors last summer.

“The message that Memphis has delivered to teams like the Lakers, Clippers and Rockets is that you’re going to have to trade for him. We are not buying him out. He will not be on the free agent market," said Wojnarowski.