Report: Mike Conley To Sign 5-Year, $153 Million Contract With Grizzlies

by July 01, 2016

Mike Conley is about to get paid. The free agent point guard, who played in just 56 games last season thanks to an Achilles injury, has reportedly agreed in principle to a five-year, $153 million deal to stay put in Memphis. The deal, as it stands, is the largest in League history.

The 28-year-old point guard has never made an All-Star appearance and has career averages of 13.6 points, 5.6 assists, 2.9 boards and 1.5 steals.

Memphis has made major moves this offseason. Along with resigning Conley, the team also hired former long time Miami Heat assistant David Fizdale as its head coach, and earlier today gave Chandler Parsons a four-year, $95 million contract.

ESPN‘s Marc Stein had the scoop:

Keep up with the latest signings during the July free-agency period by following our 2016 NBA Free Agent Tracker.