Multiple sources are indicating that the Grizzlies have reached an agreement with small forward Rudy Gay on a 5-year/$82 million contract. This move comes as a surprise, since Gay was prepared to meet with multiple teams regarding a contract. According to Memphis management, the decision was made to re-sign Gay before another team could make him a bigger offer, thereby committing the team to even more money.
More details and analysis to come,
Owen
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