Cole Anthony averaged 12.5 points, 4.3 assists, and 3.8 rebounds in five years with the Orlando Magic.
He was the No. 15 pick in the 2020 NBA draft.
Anthony ranked in the top five in total points and assists off the bench the last three seasons.
The Grizzlies facilitated the buyout to allow Anthony to find a new home and create cap space to potentially extend Jaren Jackson Jr.'s contract.
Why this matters: Anthony's addition to the Bucks provides them with a scoring guard off the bench, while the Grizzlies free up cap space for future moves.
Cole Anthony's move to the Milwaukee Bucks comes after a brief stint with the Memphis Grizzlies, who acquired him in a trade that sent Desmond Bane to the Orlando Magic. However, Anthony never played a game for the Grizzlies, as the team worked with his representatives to find him a better fit. The Bucks, looking to bolster their guard depth, emerged as the ideal destination.
Anthony, known for his scoring ability and playmaking, will likely fill a role off the bench for the Bucks. His ability to create his own shot and distribute the ball will provide a spark for the second unit. He finished the 2024-25 season averaging 9.4 points, 3.0 rebounds, and 2.9 assists per game.
The Grizzlies, on the other hand, gain financial flexibility with Anthony's buyout. This allows them to potentially offer Jaren Jackson Jr. a lucrative contract extension. The move signifies a strategic decision by Memphis to prioritize their long-term core.
Q: Why did Cole Anthony agree to a buyout with the Grizzlies?
The Grizzlies agreed to a buyout to allow Anthony to find a team where he could have a better opportunity and to create cap space for a potential Jaren Jackson Jr. extension.
Q: What are the terms of Anthony's deal with the Bucks?
Anthony is expected to sign a one-year deal with the Milwaukee Bucks after he clears waivers.
Cole Anthony joins the Milwaukee Bucks, adding depth to their guard rotation.
The Memphis Grizzlies free up cap space by buying out Anthony's contract.
Anthony's scoring and playmaking ability will be valuable for the Bucks' second unit.
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