Grizzlies sign Pondexter to 4-year extension, $14M Deal

The Memphis Grizzlies signed guard/forward Quincy Pondexter to a contract extension, the team announced today.

Chris Haynes of Comcast SportsNet NW reported in a tweet that the deal to which Pondexter has been signed is for 4 years, $14 million. If that's the case, that's somewhat less than Pondexter was widely anticipated to sign for. Most estimates had the deal being for at least two or three million more.