Quincy Pondexter, Griz have deal

Updated: October 31, 2013, 5:39 PM ET
By Marc Stein | ESPN.com

The Memphis Grizzlies signed shooting guard Quincy Pondexter to a contract extension, the team announced Thursday.

[+] EnlargeQuincy Pondexter
Joe Murphy/NBAE/Getty ImagesFourth-year shooting guard Quincy Pondexter has signed a contract extension with the Grizzlies.

Sources told ESPN.com that the Grizzlies were finalizing a four-year deal approaching $15 million with Pondexter before Thursday night's 11:59 p.m. deadline for extensions for first-round picks from the 2010 draft.

Pondexter becomes the sixth first-round pick from the Class of 2010 to score a contract extension before the deadline. He joins the Washington Wizards' John Wall, Indiana Pacers' Paul George, Sacramento Kings' DeMarcus Cousins, Utah Jazz's Derrick Favors and Milwaukee Bucks' Larry Sanders on the list of extension recipients.

Other Class of 2010 alumni still in play for extensions, according to league sources, include the Jazz's Gordon Hayward and the Phoenix Suns' Eric Bledsoe.

ESPN.com reported this month that Ed Davis has also been in talks with the Grizzlies on an extension, but sources said those negotiations were not as far along as those with Pondexter.

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

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