The Grizzlies waived Russell on Friday, Shams Charania of ESPN reports.
This has been the expectation for a while with the Grizzlies needing to trim their roster. This allows Russell the opportunity to join another team ahead of the preseason, though his market could be limited. Across 26 regular-season appearances with Dallas in 2025-26, he averaged 10.2 points, 4.0 assists and 2.3 rebounds in 19.0 minutes.