The Memphis Grizzlies and Cole Anthony have agreed to a buyout, clearing the way for more team moves to be finalized.

Memphis Grizzlies point guard Cole Anthony has agreed to a contract buyout with the Grizzzlies and intends to sign with the Milwaukee Bucks after he clears waivers, ESPN's Shams Charania reported on Saturday. Per Charania, this deal will also help allow the Grizzlies to extend Jaren Jackson Jr. to a five-year, $240 million deal.

The Bucks have a backcourt need after waiving Damian Lillard in a stunning move necessary to sign Indiana's Myles Turner. The projected starting lineup for Milwaukee next season is Kevin Porter Jr., Gary Trent Jr., Kyle Kuzma, Giannis Antetokounmpo and Turner with Anthony likely coming off the bench.

Cole Anthony agreed to a contract buyout with the Memphis Grizzlies, and the 25-year-old guard plans to sign with the Milwaukee Bucks after he clears waivers, sources told ESPN on Saturday night.

The Bucks have officially signed free agent guard Cole Anthony, the team announced today in a press release. The move had been expected since Anthony reached a buyout agreement with the Grizzlies, who waived him over the weekend.

The Milwaukee Bucks made a new addition to the team early this week, bringing in point guard Cole Anthony after he was bought out by the Memphis Grizzlies. Anthony was sent to Memphis from the Orlando Magic as part of the deal that sent Desmond Bane to Orlando. Now, Anthony will join the Bucks as they look to beef up their backcourt.

Cole Anthony is reportedly planning to sign with the Milwaukee Bucks after agreeing to a contract buyout with the Memphis Grizzlies, ESPN's Shams Charania reported on Saturday.

Cole Anthony intends on signing with the Bucks after accepting a contract buyout with the Grizzlies, boosting Milwaukee's backcourt.

The buyout will clear up cap room for the Grizzlies to complete deals with Jaren Jackson Jr., Santi Aldama and Ty Jerome.

The Milwaukee Bucks have had an eventful offseason thus far, retooling their roster around two-time MVP Giannis Antetokounmpo in an attempt to remain competitive in a wide-open Eastern Conference. After re-signing several key rotation players from last season and acquiring former rival big man Myles Turner,