The Memphis Grizzlies and point guard Damon Stoudamire have reached a tentative agreement to put him on waivers Monday, and if the veteran is not claimed within 48 hours he will be given his release.

A team spokesman confirmed the planned timetable for Stoudamire’s release Saturday night.

Stoudamire was on the inactive list for the Grizzlies’ game against the Los Angeles Clippers, and was not available for comment.

Stoudamire was signed by the Grizzlies as a free agent in 2005. He has started all 29 games he played this season and is averaging 7.3 points and 3.9 assists, but has not played since scoring four points against San Antonio on Dec. 30.

Asked Saturday night about Stoudamire’s status with the team, coach Marc Iavaroni said, “I have nothing new to report.”