Kentavious Caldwell-Pope Commits to Grizzlies, Exercises $21.6 Million Option for 2026-27

Kentavious Caldwell-Pope is set to remain with the Memphis Grizzlies for the 2026-27 NBA season, as the veteran guard has opted into his $21.6 million player option, according to sources reported by ESPN. The decision signals Caldwell-Pope’s continued commitment to Memphis, where his experience and perimeter play have been valued assets.

Caldwell-Pope, a seasoned backcourt presence, brings a blend of three-point shooting, defensive prowess, and championship experience that the Grizzlies are expected to lean on as they aim for a deeper playoff run. His choice to exercise the lucrative player option ensures both stability for the Grizzlies’ rotation and financial security for the 33-year-old guard in his 14th NBA season.

• The $21.6 million salary for 2026-27 reflects Caldwell-Pope’s ongoing value as a two-way contributor.
• He has played a crucial role in the Grizzlies’ guard rotation, offering veteran leadership to a young core.
• Caldwell-Pope’s contract decision removes one major question for Memphis’ offseason plans.

The move also has salary cap implications for the Grizzlies, who must now navigate roster upgrades with Caldwell-Pope’s substantial contract on the books. Nevertheless, retaining a player of his caliber—who has consistently proven his worth on both ends of the floor—gives Memphis a reliable foundation in the backcourt.

With Caldwell-Pope officially locked in for the upcoming campaign, the Grizzlies can focus their attention on supporting their stars and adding depth through free agency or the draft, aiming to maximize their window of contention in the Western Conference.