The Grizzlies waived Oladipo (knee) on Thursday, Shams Charania of The Athletic reports.
Oladipo is still recovering from April surgery to repair a patellar tendon in his left knee and is without a clear timeline for a return, so he's unlikely to sign with a team anytime soon upon clearing waivers. Since the 2018-19 campaign, Oladipo has made just 142 total regular-season appearances, with knee injuries being the primary cause of his missed time. Though he's just 31 years old, Oladipo's time as an impact player in the NBA appears to be over.
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Grizzlies' Victor Oladipo: Remains out indefinitely
Rotowire
Oladipo (knee) has been ruled out for Friday's game against the Warriors.
Oladipo was traded to Memphis on Thursday, but he continues to sit out while recovering from offseason knee surgery. The veteran doesn't have a return timetable, but there are plenty of minutes available if he's able to gain medical clearance soon.
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Grizzlies' Victor Oladipo: Traded to Memphis
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The Grizzlies acquired Oladipo (knee) and three future second-round draft picks from the Rockets on Thursday in exchange for Steven Adams (knee), Adrian Wojnarowski of ESPN reports.
Oladipo hasn't played this season and doesn't have a clear timetable for this return from knee surgery, so Memphis acquired him mainly for the purpose of gaining cap flexibility and shedding the contract of Adams, who is also out for the rest of the season. If can return at some point this season, Oladipo would bring added depth to the Memphis backcourt, but it wouldn't be surprising if the Grizzlies looked to move him elsewhere ahead of the Feb. 8 trade deadline in a separate deal.
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Rockets' Victor Oladipo: Remains out
Rotowire
Oladipo (knee) has been ruled out for Monday's game versus Philadelphia.
Oladipo has yet to make his season debut while he deals with a left patellar tendon issue following offseason knee surgery. There is no timetable for his return, and he should be considered week-to-week.
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Rockets' Victor Oladipo: Still out
Rotowire
Oladipo (knee) won't play in Wednesday's game versus the Bulls.
Oladipo has yet to make his season debut while he deals with a left patellar tendon issue following offseason knee surgery. There is no timetable for his return, and he should be considered week-to-week.
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Rockets' Victor Oladipo: Remains sidelined
Rotowire
Oladipo (knee) won't play in Wednesday's game versus the Suns.
Oladipo has yet to suit up this while recovering from left knee surgery. Until the Rockets offer a more concrete timetable for Oladipo's return, the veteran guard can be considered week-to-week.
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Rockets' Victor Oladipo: Won't play Tuesday
Rotowire
Oladipo (knee) is inactive Tuesday against Indiana.
Oladipo continues to recover from left patellar tendon repair. It's unclear when he'll be able to return to the court.
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Rockets' Victor Oladipo: Remains out
Rotowire
Oladipo (knee) has been ruled out for Sunday's game against the Bucks.
Oladipo remains out indefinitely while recovering from offseason knee surgery. With the Rockets haven't offered any indication that Oladipo has resumed practicing, he's most likely a week or more away from being ready to make his 2023-24 debut.
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Rockets' Victor Oladipo: Inactive Wednesday
Rotowire
Oladipo (knee) will not play Wednesday against Memphis.
Oladipo has yet to play this season, and details on his recovery from offseason knee surgery have been scarce. The 31-year-old remains out indefinitely.
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Rockets' Victor Oladipo: Remains sidelined
Rotowire
Oladipo (knee) won't play in Wednesday's game versus the Thunder.
Oladipo has yet to play this season while recovering from offseason knee surgery. With no current timetable on his return, Oladipo can be considered week-to-week.
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Rockets' Victor Oladipo: Still out
Rotowire
Oladipo (knee) has been ruled out for Saturday's game against the Lakers.
Oladipo continues to recover from offseason left knee surgery. It's unclear when he'll be able to play again.
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Rockets' Victor Oladipo: Won't play Wednesday
Rotowire
Oladipo (knee) is out for Wednesday's game versus the Nuggets.
Oladipo has yet to suit up this season while recovering from left knee surgery. His next chance to play is Saturday's matchup with the Lakers, though he can be considered doubtful until the team releases an update on his rehab progress.
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Rockets' Victor Oladipo: Remains out Tuesday
Rotowire
Oladipo (knee) is out for Tuesday's game against Dallas.
Oladipo has not played this season and details have been scarce on his recovery. There has been no indication he will be a factor for Houston in 2023-24.
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Rockets' Victor Oladipo: Out again Friday
Rotowire
Oladipo (knee) will not play in Friday's game against the Nuggets.
Oladipo has yet to appear in any games this season and remains without an official timetable to return. He should be considered doubtful for Tuesday's game against Dallas.
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Rockets' Victor Oladipo: Remains out
Rotowire
Oladipo (knee) has been ruled out for Monday's game against the Warriors.
Oladipo has yet to play this season while recovering from knee surgery, and the team hasn't provided a return timeline. His next chance to suit up will come Wednesday versus Memphis, but he can be considered doubtful for that contest.
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Rockets' Victor Oladipo: Out versus Lakers
Rotowire
Oladipo (knee) won't play Sunday against the Lakers.
Oladipo has yet to play this season while recovering from knee surgery. There is no timetable for Oladipo's return, but his next chance to suit up is the second half of a back-to-back set scheduled for Monday against the Warriors. It wouldn't be surprising if he missed that game, too.
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Rockets' Victor Oladipo: Remains out against Clippers
Rotowire
Oladipo (knee) won't play in Friday's game versus the Clippers.
Oladipo has yet to play this season while recovering from knee surgery. There is no timetable for Oladipo's return, but his next chance to suit up is Sunday's matchup with the Lakers.
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Rockets' Victor Oladipo: Could increase workouts soon
Rotowire
Oladipo (knee) is expected to begin intensifying his workouts next week after reaching the six-month mark in his recovery from his April 28 surgery to address a torn left patellar tendon, Ben DuBose of USA Today reports.
The Rockets acquired Oladipo along with Jeremiah Robinson-Earl -- who has since been waived -- in the Oct. 17 deal that sent Kevin Porter and two future second-round draft picks to the Thunder. Though the Rockets made the deal mainly for the purpose of ridding themselves of Porter's contract, Oladipo's spot on Houston's 15-man roster appears to be secure as he continues his recovery from another major knee injury. The 31-year-old could still be a candidate to be moved elsewhere at a later date, as his expiring $9.5 million contract could become useful around the Feb. 8 trade deadline if Houston needs to match salary in a larger deal. For the time being, however, Oladipo will conduct his rehab under the Rockets' supervision, but he's still likely multiple weeks away from being ready to play in games.
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Rockets' Victor Oladipo: Inactive to start season
Rotowire
Oladipo (knee) is out for Wednesday's opener against Orlando, Alykhan Bijani of The Athletic reports.
Oladipo underwent patellar tendon surgery at the end of April and has been traded twice since the injury. His rehab combined with a potential disinterest in joining the Rockets makes his future difficult to evaluate. The 31-year-old was slated to begin basketball activities six months after surgery.
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Thunder's Victor Oladipo: Shipped out to Houston
Rotowire
Oladipo (knee) was traded to the Rockets on Tuesday, along with Jeremiah Robinson-Earl, in exchange for Kevin Porter and two second-round picks, Adrian Wojnarowski of ESPN reports.
Back in June, Oladipo was dealt from Miami to Oklahoma City, and he'll now be re-routed to Houston a week before the start of the regular season. It's unclear if the Rockets will be interested in keeping the veteran on board or if they'll look to trade or release him in the coming days. Oladipo saw action in 42 games for the Heat last season, but health continues to be an issue for the former All-Star, who suffered a major leg injury as a member of the Pacers back in 2018-19 and has never fully returned to form. He underwent knee surgery back in April.