Sources: Griz, Jerryd Bayless agree

Updated: July 11, 2012, 1:23 AM ET
By Marc Stein | ESPN.com

The Memphis Grizzlies have reached terms on a contract with free agent guard Jerryd Bayless to help fill the void created by O.J. Mayo's imminent departure, according to sources with knowledge of the deal.

Bayless
Bayless

Bayless only became an unrestricted free agent last week when the Toronto Raptors unexpectedly withdrew their qualifying offer to the scoring guard.

Sources told ESPN.com that Bayless' deal with the Grizzlies will be made official later Wednesday.

Bayless averaged a career-best 11.4 points per game in 31 games last season, his second with the Raptors.

Marc Stein | email

Senior Writer, ESPN.com
• Senior NBA writer for ESPN.com
• Began covering the NBA in 1993-94
• Also covered soccer, tennis and the Olympics