Per a tweet by Grizzlies Vice President of Basketball Operations John Hollinger, Janis Timma was named the Latvian Basketball All-Star Game MVP. There's an article attached to the tweet to prove it if you can read Latvian.
Timma, who the Grizzlies selected with the 60th pick in the 2013 NBA Draft, is currently playing in the Latvian Basketball League with BC VEF Riga. He is averaging 12.6 points, 4.7 rebounds, and 3.6 assists in VTB United League play. Additionally, he was named Young Player of the Month in January.
According to a report by Shams Charania of RealGM, Timma is set to pursue a Euroleague deal after learning that the Grizzlies are uninterested in bringing him over for the 2015-16 season.
Given Timma's high level of play, he should have no problem inking a large deal with one of the bigger European squads. The Grizzlies won't be complaining about that, as he will continue to develop for free against decent competition.
Timma's rights will be held by the Grizzlies until they are either traded or until he is finally brought over to the NBA. Couple that fact with the likelihood the Grizzlies are going to be a playoff team for years to come, and it becomes clear that the Grizzlies have no incentive to move on a project like Timma anytime soon. For now, they will be pleased to allow him to continue to develop, and thrive, overseas.