Report: Cavaliers Officially Lose Ty Jerome in NBA Free Agency

One of the top contributors from the Cleveland Cavaliers' 64-18 team last season is now headed to the Western Conference.

According to ESPN NBA Insider Shams Charania, former Cavs guard Ty Jerome has signed a free-agent contract with the Memphis Grizzlies. The deal is reportedly worth $28 million over three years, with a player option for the third season.

The writing for Jerome's departure was on the wall after Cleveland traded for Chicago Bulls point guard Lonzo Ball on Saturday. With Ball likely taking the majority of the bench ball-handler minutes behind Darius Garland, Jerome was the odd man out of the Cavaliers' rotation.

Jerome, who turns 28 in July, had a breakout season for the Cavaliers in 2024-25. The 6-foot-5 guard averaged a career-high 12.5 points on 51.6% shooting and 43.9% from deep, also posting 3.4 assists, 2.5 rebounds and 1.1 steals per game.

However, Jerome struggled in his first trip to the postseason. His 11.7 points per game came on just 40.2% shooting and 38.9% from three as the Cavaliers lost to the Pacers in five games in the Eastern Conference Semifinals.

Cleveland is projected to be a second-apron salary team, and many expected that the Cavs would not be able to afford to keep Jerome with extensions kicking in for Donovan Mitchell and Evan Mobley. Ball is set to make $10 million in each of the next two seasons if the Cavs pick up his team option, while Jerome's new contract with the Grizzlies averages out to roughly $9.3 million annually.

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