Vince Carter signs with Grizzlies

Updated: July 12, 2014, 8:57 AM ET
By Marc Stein | ESPN.com

Vince Carter is leaving the Dallas Mavericks to join the Memphis Grizzlies.

The Grizzlies announced the deal with the 37-year-old Carter early Saturday morning, but did not disclose terms.

Sources told ESPN.com that Carter was finalizing a three-year, $12.2 million contract Friday night to join the Grizzlies, who have coveted him for some time.

The Mavericks were hoping to keep Carter but didn't have the financial flexibility to pay him the sort of money Memphis offered ...

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