The Memphis Grizzlies roster was decimated last season, but one notable bright spot among those who stepped up was swingman Lance Stephenson after he arrived in a February trade from the Los Angeles Clippers.
Memphis chose to exclude Stephenson from its plans for the 2016-17 season—at least on what his salary would have been—reportedly declining his club option and the final year of his contract on Monday.
Shams Charania of The Vertical first reported the news, with Ronald Tillery of the Commercial Appeal confirming the report.