The Memphis Grizzlies issued qualifying offers to two of their impending free agents, but they did not extend one to guard O.J. Mayo. That makes the sought-after Mayo an unrestricted free agent.
Ronald Tillery of Memphis' Commerical Appeal writes that Mayo's high qualifying threshold -- $7.4 million -- factored into the Grizzlies' decision to let him go without compensation. The team is only $7.7 million from having to pay the luxury tax.