Rose (groin/back) was waived by the Grizzlies on Monday, Shams Charania of The Athletic reports.

Rose missed the end of the 2023-24 campaign due to back and groin injuries, and his playing days may be nearing an end. The 2011 MVP didn't receive any of his salary after being waived by the Grizzlies, so he won't impact Memphis' salary cap this season, per Tim MacMahon of ESPN.com.