M emphis 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.