While Teague technically signed for the remainder of the season just a few days ago, his contract was mostly non-guaranteed, so waiving him doesn't carry much of a financial penalty for the Grizzlies. Memphis will replace Teague on the roster with Omari Johnson, a 28-year-old forward who played well over the final two months of the G League season.
Teague has played just two games with the Grizzlies, though has shown enough promise for Memphis to keep him on board for the final stretch of the season. In his two appearances, he averaged 4.0 points, 5.0 assists, 2.0 rebounds and 1.0 steal in 26.0 minutes -- showing promise as a distributor.
Teague signed a 10-day contract with the Grizzlies on Saturday.
The former first-round pick has spent the year with the Memphis Hustle of the G League, where he's played 47 games and averaged 17.6 points, 3.4 rebounds and 6.1 assists per game. Given the Grizzlies' situation, it's certainly possible Teague could be a factor down the stretch, as the likes of Briante Weber, Kobi Simmons and Myke Henry -- among others -- have taken turns as regulars in the rotation amid injuries to Mike Conley, Tyreke Evans and Andrew Harrison.
Teague managed 28 points (13-26 FG, 2-5 3Pt), eight assists, four rebounds, two steals and one block during the Hustle's 121-120 win over Windy City Saturday.
Teague has now scored in double figures in every game since Feb. 1 while scoring past the 20-point mark eight times during that span. The former Kentucky guard is contributing 17.6 points and 6.2 assists this season.
Teague managed 30 points (11-15 FG, 4-5 3Pt, 4-4 FT), six assists, four rebounds and one block during Saturday's close 126-122 loss against Santa Cruz.
This was Teague's best scoring game since dropping 31 points back on Jan. 31 but fell a little short of what would have been his fourth straight double-double. The 25-year-old and former Kentucky guard has increased his scoring and assist totals from last season, as he is averaging 17.3 points and 6.1 assists per game with the Hustle.
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