Luka Kennard has signed a one-year, $11 million contract to return to the Memphis Grizzlies.
The deal was confirmed by NBA insider Adrian Wojnarowski, ensuring Kennard’s continued presence with the team.
Kennard, a career 44 percent 3-point shooter, is valued for his ability to space the floor.
Previously, the 28-year-old guard was under a four-year, $56 million contract.
Last season, Kennard averaged 11 points, 2.9 rebounds, and 3.5 assists in 25.6 minutes per game.