Grizzlies waive Russ Smith, sign Ryan Hollins

The Memphis Grizzlies announced Tuesday that the team has signed center Ryan Hollins and waived guard Russ Smith.

Hollins (7-0, 240) is a 10-year NBA veteran who has averaged 3.7 points on 58.1 percent shooting and 2.2 rebounds in 486 career games (67 starts) with the Charlotte Bobcats, Dallas Mavericks, Minnesota Timberwolves, Cleveland Cavaliers, Boston Celtics, Los Angeles Clippers, Sacramento Kings and Washington Wizards.

The 31-year-old joined the Grizzlies during their 2015-16 training camp and averaged 5.4 points on 83.3 percent shooting and 3.0 rebounds in 11.5 minutes in seven preseason games.

Smith (6-0, 165) holds NBA career averages of 2.0 points and 0.7 assists in 4.9 minutes in 27 games (zero starts) with the Grizzlies and New Orleans Pelicans. The 24-year-old recorded 2.3 points in 4.9 minutes in 21 games for Memphis after he was acquired from New Orleans in a trade on Jan. 12.