The
Memphis Grizzlies have agreed with swingman
Quincy Pondexter to a four-year, $14 million contract extension,
according to Chris Haynes of CSN Northwest.
The deadline to extend first-round picks taken in the 2010
NBA Draft and with the 2013-14 season left on their rookie deals comes when the calendar flips to November.
Pondexter, who was the 26th overall pick in 2010, began his fourth NBA season with a 13-point, three-assist performance off the bench for Memphis, which lost its opening game to the
San Antonio Spurs, 101-94. The swingman out of Washington seemingly wasn't going to be Memphis' first contract extension agreed upon. Teammate Ed Davis reportedly had garnered interest too, but as of Thursday,
ESPN's Marc Stein reported a deal was unlikely.
Pondexter averaged 6.4 points and 2.2 rebounds last season but averaged 8.9 points in 15 postseason games while shooting 45 percent from three-point range.