The Memphis Grizzlies have re-signed guard Cam Spencer to a four-year, $10.5 million contract, Mark Bartelstein and Ross Aroyo of Precedence Sports activities knowledgeable ESPN’s Shams Charania on Monday.
Grizzlies, Cam Spencer Agree To Restructured Deal
Spencer beforehand agreed to a two-year, $4.5 million deal final month, however the Grizzlies had been capable of restructure it after latest offseason strikes. The deal will now embody three totally assured years.
The fourth yr is reportedly a group possibility, based on HoopsHype’s Michael Scotto.
When the Grizzlies initially agreed to the minimum-salary contract with Spencer, they weren’t certain whether or not or not they’d should resign his rights in an effort to accommodate Jaren Jackson’s renegotiated deal.
Earlier this month, Jackson suffered a turf toe damage in his proper foot that may require surgical procedure. The 6-foot-10 large man sustained the damage throughout an off-site open basketball session.
Jackson is anticipated to make a full restoration.
Spencer Noticed Restricted Enjoying Time With Memphis
Spencer, 25, was acquired by the Grizzlies from the Detroit Pistons within the 53rd total choose of the 2024 NBA draft out of UConn. The Maryland native guided the Huskies to the 2024 NCAA championship.
The 6-foot-3, 201-pound Spencer appeared in 25 video games (one begin) as a rookie for Memphis final season and averaged 4.2 factors, 1.2 rebounds, 1.4 assists, and 10.1 minutes per contest.
Spencer set profession highs with 23 factors and 7 assists in 37 minutes in his lone begin on April 13 in opposition to the Dallas Mavericks. He additionally began eight NBA G League video games for the Memphis Hustle throughout the Tip-Off Match and common season.
With the Hustle, Spencer averaged 23.5 factors, 3.6 rebounds, 3.5 assists, 1.1 steals, and 32.2 minutes per contest whereas capturing 53.8% from the sphere, 49.3% from 3-point vary, and 76.5% from the free throw line.
He additionally scored 51 factors in a Tip-Off Match contest on December 2 versus Birmingham.
Cole Anthony Agreed To Contract Buyout With Grizzlies
This transfer additionally comes a day after veteran guard Cole Anthony agreed to a contract buyout with the Grizzlies. He’s planning to signal with the Milwaukee Bucks after he clears waivers, per Charania.
Memphis finalized Anthony’s buyout together with his representatives, Jeff Schwartz and Javon Phillips of Excel Sports activities, on Saturday for Anthony. The 25-year-old is anticipated to ink a one-year cope with the Bucks.
The Grizzlies acquired Anthony, Kentavious Caldwell-Pope, 4 unprotected first-round picks, and one first-round choose swap within the blockbuster commerce that despatched Desmond Bane to the Orlando Magic.
Memphis had been working with Anthony’s representatives towards a decision that might create sufficient cap area for the Grizzlies to renegotiate and prolong Jackson to a brand new five-year, $240 million most deal.
