Victor Oladipo. Mike Watters-USA TODAY Sports

The Grizzlies are waiving Victor Oladipo, reports Shams Charania of The Athletic.

The news was expected, as Chris Herrington of The Daily Memphian reported Wednesday that the Grizzlies were planning to release Oladipo if they were unable to flip him to another team before today’s 2 p.m. CT trade deadline.

A former two-time All-Star, Oladipo’s once-promising career has unfortunately been derailed by a series of major leg injuries. He tore his left patellar tendon in the playoffs last April and has yet to play in 2023-24. Over the past five seasons, he has only appeared in 102 regular-season games.

Oladipo was traded from Houston to Memphis last week in the deal that sent injured center Steven Adams to the Rockets. The Grizzlies also received three second-round picks.

Assuming he clears waivers, which is a virtual certainty, Memphis will be on the hook for Oladipo’s full $9.45M salary.

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