By alin0303
June 29, 2012

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.

having a great deal of interest in Mayo

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