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Chris Reichert: Former Grizzlies guard Russ Smith has signed with the NBA D-League, per a league source
The Memphis Grizzlies announced today that the team has signed center Ryan Hollins and waived guard Russ Smith. Hollins (7-0, 240) is a 10-year NBA veteran who has averaged 3.7 points on 58.1 percent shooting and 2.2 rebounds in 486 career games (67 starts) with the Charlotte Bobcats, Dallas Mavericks, Minnesota Timberwolves, Cleveland Cavaliers, Boston Celtics, Los Angeles Clippers, Sacramento Kings and Washington Wizards. The Pasadena, Calif. native was selected by Charlotte in the second round (50th overall) of the 2006 NBA Draft following his senior season at the University of California, Los Angeles.
The Memphis Grizzlies are releasing guard Russ Smith to create roster space to sign free-agent center Ryan Hollins, league sources told Yahoo Sports. Smith had a fully guaranteed contract for this season and a non-guaranteed year in 2016-17. He averaged 1.5 points and 4.4 minutes in 15 games.