Austin Rivers was traded by the Wizards to the Suns, but is expected to finalize a buyout from Phoenix.
Once his buyout with the Suns is finalized, Austin Rivers is expected to sign with the Memphis Grizzlies, Shams Charania of The Athletic reports.
Charania additionally reports that four to five teams are still expressing interest in Rivers. No formal offer from Memphis has been made and there are still several days before Rivers clears waivers.
Rivers was traded by the Wizards to Phoenix along with Kelly Oubre Jr. in the deal that brought Trevor Ariza back to Washington.
On Monday, it was reported the Suns and Rivers are planning to part ways so the seventh-year guard could join a team competing for the playoffs.
The Grizzlies are 16–14 entering Tuesday and hold the eighth seed in the West.
In 29 games with the Wizards this season, Rivers averaged 7.2 points on 39.3% shooting while playing 23.6 minutes per contest.