Grizzlies Waive Walter Clayton Jr. and Micah Peavy Ahead of Season Opener

October 20th, 2026

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The Memphis Grizzlies have waived guard Walter Clayton Jr. and wing Micah Peavy, finalizing their roster ahead of the 2026-27 NBA season. (sports.yahoo.com)

Clayton, the 18th overall pick in the 2025 NBA Draft by the Utah Jazz, was traded to Memphis in February 2026 as part of the Jaren Jackson Jr. deal. (en.wikipedia.org) During his rookie season, he averaged 7.8 points, 2.0 rebounds, and 4.0 assists over 69 games, starting in six. (nba.com) Despite the Grizzlies' efforts to trade him before the roster deadline, no deal materialized, leading to his release. (clutchpoints.com)

Peavy, acquired from the New Orleans Pelicans in September 2026, faced an ankle injury during training camp, limiting his preseason participation and contributing to the decision to waive him. (sports.yahoo.com)

These moves were necessary for the Grizzlies to meet the NBA's roster limit of 15 standard contracts before the regular season. (roundtable.io) The waivers open opportunities for other teams to claim Clayton and Peavy off waivers or sign them as free agents.

The Sacramento Kings have emerged as a potential destination for Clayton, given their interest in bolstering their backcourt depth. (clutchpoints.com) Additionally, the Miami Heat and Golden State Warriors, who had rated Clayton highly during the 2025 draft, might consider pursuing him now that he's available. (heavy.com)

As the NBA season approaches, it remains to be seen where Clayton and Peavy will land and how these roster changes will impact the Grizzlies' performance in the upcoming season.

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