News Summary
Cole Anthony has finalized a contract buyout with the Memphis Grizzlies, leading to a one-year deal with the Milwaukee Bucks. After spending five seasons with the Orlando Magic, Anthony aims to revitalize his career in Milwaukee, where he reunites with former teammate Gary Harris. Despite a decline in playing time and stats last season, the Bucks are optimistic about enhancing their backcourt with Anthony’s playmaking skills. This strategic acquisition comes as the Bucks prepare for the new season and seek a competitive edge in the NBA.
Milwaukee – Guard Cole Anthony has agreed to a contract buyout with the Memphis Grizzlies, paving the way for him to sign a one-year deal with the Milwaukee Bucks once he clears waivers. This move marks a significant shift in Anthony’s career, as he relocates from Memphis to Milwaukee to revitalize his presence in the league.
The 25-year-old player previously spent five seasons with the Orlando Magic, where he was drafted 15th overall in the 2020 NBA Draft. During his career with the Magic, he averaged 12.5 points, 4.3 rebounds, and 3.8 assists per game. Over the years, Anthony demonstrated his scoring ability, ranking in the top five in total points and assists off the bench for three consecutive seasons. However, his role in the Magic organization diminished last season, leading to only 18.4 minutes of playing time per game and an average of 9.4 points.
Despite his declining role, Anthony’s potential remains, as evidenced by his shooting percentages of .419 from the field, .345 from beyond the arc, and .847 from the free-throw line. His acquisition by the Grizzlies involved a trade that sent Desmond Bane and Kentavious Caldwell-Pope, along with multiple draft picks, to the Magic. The Grizzlies ultimately decided to buy out Anthony’s contract to create cap space for renegotiating Jaren Jackson Jr.’s contract, which could amount to a staggering $240 million.
Anthony’s buyout is anticipated to require him to relinquish a portion of his $12.9 million salary, enabling him to move to the Bucks. Milwaukee currently has about $3.6 million remaining in their room mid-level exception, which may be utilized to secure Anthony’s signature rather than offering him a veteran’s minimum contract. This financial maneuvering is aimed at strengthening the Bucks’ backcourt, which faced challenges following the departure of Damian Lillard.
Adding Anthony is considered a strategic move to enhance the Bucks’ offensive capabilities, particularly with his playmaking skills. The team hopes to utilize his talents to maintain a rapid tempo and improve their overall scoring efficiency during critical game moments.
Cole Anthony’s arrival also brings personal connections to Milwaukee; he will reunite with former teammate Gary Harris, with whom he played during their time in Orlando. Additionally, Anthony’s ties to the area are further deepened by his lineage; he is the son of Greg Anthony, a former NBA player and analyst who played for the Bucks earlier in his career.
As of now, the Milwaukee Bucks have a total of 14 standard contracts on their roster, including rookie Andre Jackson, whose contract is not fully guaranteed until opening night. The addition of Anthony potentially sets the stage for further roster adjustments as the Bucks prepare for the upcoming season.
In summary, Cole Anthony’s transition from the Grizzlies to the Bucks signifies not only a fresh opportunity for his career but also represents a potential boost for Milwaukee as they look to enhance their performance this season. With new talents and strategic acquisitions, the Bucks aim for a competitive edge in the NBA landscape.
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Additional Resources
- ESPN: Cole Anthony Agrees to Buyout
- Wikipedia: Cole Anthony
- Hoops Rumors: Cole Anthony Buyout
- Google Search: Cole Anthony Buyout
- SI: Bucks Sign Cole Anthony
- Encyclopedia Britannica: Cole Anthony
- Bleacher Report: Cole Anthony Signing
- Google News: Cole Anthony
- Brew Hoop: Cole Anthony Free Agency
- Google Scholar: Cole Anthony

Author: STAFF HERE MILWAUKEE WRITER
MILWAUKEE STAFF WRITER The MILWAUKEE STAFF WRITER represents the experienced team at HEREMilwaukee.com, your go-to source for actionable local news and information in Milwaukee, Milwaukee County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Summerfest, Milwaukee Film Festival, and the Milwaukee Boat Show. Our coverage extends to key organizations like the Metropolitan Milwaukee Association of Commerce and Visit Milwaukee, plus leading businesses in manufacturing and brewing that power the local economy such as Harley-Davidson and MillerCoors. As part of the broader HERE network, we provide comprehensive, credible insights into Wisconsin's dynamic landscape.