Isaiah J. Downing-USA TODAY Sports

The Grizzlies have signed shooting guards David Johnson and Adonis Arms, according to the RealGM transactions log.

Both players spent last season in the G League and that is likely where they are headed again. Assuming they received Exhibit 10 deals with the Grizzlies, they will be eligible for a $75,000 bonus should they remain with the affiliate Memphis Hustle for 60 days.

Johnson, 22, is 6-foot-4 and was selected with the No. 47 overall pick out of Louisville in the 2021 NBA Draft. He originally spent time with Raptors 905, before his player rights were traded to the Hustle this past August.

Arms, 22, is 6-6 and went undrafted out of Texas Tech in 2022. He started playing for the Nuggets’ Summer League squad that July, then signed with the Suns for the preseason. He ended up playing for the Grand Rapids Gold, the Nuggets G League affiliate. 

The Gold traded Arms to the Hustle in February. He spent this past offseason playing for the Nets’ summer team.

To make room for Johnson and Arms, the Grizzlies waived guard Jason Preston and small forward Timmy Allen.

More must-reads:

TODAY'S BEST
49ers' Christian McCaffrey remains an outlier in RB market
Padres infielder gets lifetime ban for betting on baseball
Former champ notes importance of Kristaps Porzingis to Celtics 
Scottie Scheffler discusses 'fairly traumatic' PGA Championship arrest
Rangers' Max Scherzer provides a hopeful injury update
Oilers HC Kris Knoblauch takes a random shot at the Bills
French Open withdrawal, knee injury threaten to derail Novak Djokovic's season
Eagles HC Nick Sirianni admits he trolls Giants fans about Saquon Barkley
NASCAR finally ends speculation on Kyle Larson's playoff waiver
Timberwolves president's 2024-25 status becomes clear
Watch: Sky's Angel Reese receives first WNBA ejection vs. Liberty
Watch: Orioles 1B Ryan Mountcastle blasts home run to center field
Xander Schauffele has harsh words for PGA Tour commissioner Jay Monahan
Mystics get one step closer to Paige Bueckers sweepstakes with latest blowout loss
Women's College World Series finals mark an end of an era
Astros RHP to undergo Tommy John surgery
Watch: Max Kepler just misses robbing a Gleyber Torres home run
Titans sign second-rounder, complete rookie signings
Former safety says he intercepted Patrick Mahomes so much he didn't think the young QB would succeed
Kylian Mbappe provides insight into Paris Saint-Germain departure