Forward Michael Beasley’s  NBA career never panned out like he or many others thought after he was drafted as the second overall pick in 2008 by Miami.

On Thursday, his NBA career came to a halt when the 25-year-old Beasley was waived by the Memphis Grizzlies. But his playing career continues. Beasley has signed to play for the Shanghai Sharks of the Chinese Basketball Association. The Sharks are owned by former Houston Rockets star Yao Ming.

Beasley had been trying to earn a spot on the Memphis Grizzlies’ roster after spending last season with the Heat. Illness during the pre-season had limited his playing time and made Beasley a long shot at Memphis.

His best season came while a member of the Minnesota Timberwolves in 2010-2011 when he averaged 19 points per game. But his production decreased every year since. Last year with the Heat, he averaged just 7.9 points and 3.1 rebounds per game. Meanwhile, The Indiana Pacers picked up the 2015-16 option on forward Solomon Hill’s contract. Per club policy no details of the contract were released. Hill, entering his second season with the Pacers, averaged 1.7 points and 1.5 rebounds per game last season.

 

Faried signs contract extension

Forward Kenneth Faried, a member of the gold-medal-winning U.S. team at the FIBA World Cup this summer, signed a multiyear contract extension with the Denver Nuggets on Wednesday.

The Nuggets did not reveal the contract particulars, but the Denver Post reported that Faried received a four-year deal that could max out at $52 million if all incentive clauses are reached. Faried, 24, averaged a career-best 13.7 points and 8.6 rebounds per game last season.