The Grizzlies need to clear cap space after reportedly agreeing to deals to re-sign Santi Aldama and to renegotiate and extend Jaren Jackson Jr's contract. Anthony has two years and $26 million left on his current contract, but the second season is a team option.

His addition follows the Grizzlies extending Jaren Jackson Jr. and Santi Aldama, and signing Cam Spencer, illustrating a strategic shift to bolster perimeter offense and bench scoring. Jerome fits a clear role—replacing shooting depth lost with Desmond Bane and Luke Kennard,