Latest NBA news, rumors heading into 2026 training camps: Grizzlies waive D'Angelo Russell

As NBA training camps prepare to kick off next week, the league is abuzz with rumors and updates. The Memphis Grizzlies have announced the waiving of player D'Angelo Russell, a move that came as no surprise to many. The team had 19 players on standard contracts heading into camp but can only field 15 on the opening roster, leading to cuts.

Russell, who signed a $5.9 million contract for the season, was waived early enough for him to secure a new home before the start of the season. Last season, Russell played 26 games for the Dallas Mavericks, averaging 10.2 points and four assists per game. The Mavericks had traded him to Washington in a deal for Anthony Davis, but Russell never reported to Washington and instead joined Memphis.

The Mavericks have since signed Dwight Powell to a $500,000 guaranteed contract, though he must make the opening night roster to earn his full salary. Powell's primary value to a young team lies in his mentorship role, teaching players the importance of professionalism. Additionally, Dallas Mavericks center Dereck Lively has not been medically cleared following foot surgery last December, which may delay his return.

Meanwhile, Cooper Flagg's Topps Rookie Debut Patch card has shattered records, selling for $8.04 million in Fanatics Collect's September Premier Auction, making it the most expensive Cooper Flagg card ever and the third-highest priced card of its kind.