Cole Anthony agreed to a contract buyout with the Memphis Grizzlies and plans to sign with the Milwaukee Bucks after he clears waivers, sources told ESPN's Shams Charania.

The 25-year-old spent five seasons with the Orlando Magic and was traded to the Grizzlies as part of the Desmond Bane deal in June.

Anthony averaged 9.4 points and 2.9 assists while shooting 42% from the field during the 2024-25 campaign.

His best season came during his second year when he scored 16.3 points per game and added 5.7 assists.