Pelicans lock up Micah Peavy on multi-year deal

Micah Peavy's ankle injury will keep him out of camp, leaving him a likely cut as Memphis trims from 18 standard contracts to 15, according to Brett Siegel of ClutchPoints.

Memphis is nearly 20 players deep and could waive up to four, including wing Micah Peavy, per NBA insider Jake Fischer. Lakers reporter Chris Lambert of Lake Show Life argues LA should pounce, cutting AK Okereke to hand Peavy his two-way spot.

AK Okereke signed a Lakers two-way deal after going undrafted, but LakeShowLife's Svyatoslav Rovenchuk predicts he'll be cut before opening night. The reasoning ties back to Memphis, where Bleacher Report's Jake Fischer expects the Grizzlies to waive several players to get under the roster limit.