Memphis Grizzlies renounce qualifying offer to Hakim WarrickPosted by Inside Hoops
The Memphis Grizzlies have renounced their qualifying offer to forward Hakim Warrick, making him an unrestricted free agent, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced.
Warrick, the team’s longest-tenured player and the last remaining member of the Grizzlies’ most-recent playoff appearance in 2006, averaged 11.6 points and 5.0 rebounds on 49.1 percent shooting in 82 games (seven starts) last season.
The 6-9, 219-pound forward has averaged 10.2 points and 4.3 rebounds in 307 games (82 starts) through four NBA seasons, all with the Grizzlies, who originally selected him with the 19th overall pick in the 2005 NBA Draft.
In accordance with the league’s collective bargaining agreement, in order for a team to retain its right of first refusal with respect to a restricted free agent, the team must tender the player a qualifying offer prior to June 30. After which, teams may withdraw outstanding qualifying offers, in which case a player becomes an unrestricted free agent.