Porter's exit came despite substantial production when healthy. The Associated Press reported that he averaged 17.4 points and 7.4 assists in 38 games last season. The Bucks have several younger guards competing for minutes, including rookie Brayden Burries and Kasparas Jakučionis, alongside Ryan Rollins and Tyler Herro.
Memphis waived Clayton after acquiring him from Utah in February, according to the team's announcement. The team said he averaged 7.8 points and four assists in 69 combined games for the Jazz and Grizzlies last season. He was the 18th selection in the 2025 draft and helped Florida win that year's national championship.
Peavy, acquired by Memphis from New Orleans in September, also leaves the roster. The Grizzlies open Wednesday against Utah. The Lakers host Golden State that night, while Milwaukee begins at Washington.