Grizzlies lock up Mike Conley

2 Nov

Memphis Grizzlies signed point guard Mike Conley to a contract extension late Monday night, according to his agent and father, Mike Conley Sr.

Conley Sr., who along with Bill Duffy represents his son, would not specify the terms of the contract. But other sources with knowledge of the situation said the deal is worth $45 million over five years.

The Grizzlies’ decision to lock up Conley as their point guard of the future was sparked by his excellent play in the preseason and over the regular season’s first three games.

Conley, the fourth pick of the 2007 draft, has averaged 15 points, 8.3 assists and a league-high 3.67 steals in leading Memphis to a 2-1 start.

“Did I envision that Mike would play like this? Yes,” Conley Sr. said in a telephone interview on Monday. “But I did not have confidence that the Grizzlies would embrace him like they have with this contract. The first thing I told them when we began negotiating was that I didn’t want to go further with these discussions unless Mike was their guy. They said he’s their guy.”

Conley’s signing came just minutes before Monday’s 11:59 p.m. ET deadline for 2007 draft picks to sign contract extensions. With teams reluctant to sign players because of the uncertainty of the league’s next collective bargaining agreement, Conley became only the fourth player from his class to receive an extension.

He joins Oklahoma City’s Kevin Durant, Chicago’s Joakim Noah and Atlanta’s Al Horford, who signed with the Hawks Monday afternoon. The four signees is an all-time low for the league, besting the six players who scored extensions from the class of 2006.
via ESPN

My thoughts:
I can’t believe they gave this dude $45M. So was Vasquez a wasted pick? You just gave Gay $80M, I guess Mayo’s not getting resigned? Because in my opinion you only make this deal if you’re not going to pay Mayo past 2013 #justsaying

– Chris McCoy


One Response to “Grizzlies lock up Mike Conley”


  1. Stat of the Night: Memphis Is For Real « RUN JUMP PASS - May 4, 2011

    […] locked up their point guard, their small forward and their power foward… hopefully they have enough bread left to match […]

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