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Grizzlies Sign Adonis Arms and David Johnson, Waive Preston and Allen

The Memphis Grizzlies have adjusted their preseason roster by officially signing Adonis Arms and David Johnson, as reported in a team announcement.

In order to create roster spots for these additions, Jason Preston and Timmy Allen, who were recently signed by the team on Monday, have been waived.

Since Memphis already has 15 guaranteed contracts and all three of their two-way slots are filled, it’s highly likely that all four of these players will find themselves in the G League.

If their contracts follow the Exhibit 10 structure, they have the potential to earn up to a $75,000 bonus by spending a minimum of 60 days with the Memphis Hustle.

Adonis Arms, a 25-year-old guard, concluded the previous season with the Hustle after being acquired through a G League trade from Grand Rapids.

He had preseason stints with both Denver and Phoenix in 2022 and played for the Nets in this year’s Summer League.

David Johnson, a 22-year-old guard, was a second-round pick by Toronto in 2021 but only appeared in two NBA games before being waived in October.

He primarily played for Raptors 905 in the G League, and later, he was traded to the Hustle in late August.

Following these transactions, the Grizzlies now have 21 players on their preseason roster, and they must trim three players by the upcoming league-wide cutdown date on Monday.