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The Grizzlies exercised their third-year team option on Coward's contract Tuesday.
Coward is now officially under contract for the 2027-28 campaign after averaging 13.6 points, 5.9 rebounds and 2.8 assists in 25.8 minutes per game across 62 regular-season appearances (47 starts) in his rookie season. The 23-year-old swingman will likely begin the 2026-27 season in the Grizzlies' starting five when they host the Jazz on Wednesday.
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