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:
Memphis and Mike Conley have agreed in principle on a five-year, $153 million deal, league sources say. Finer points "nearing conclusion."
— Marc Stein (@TheSteinLine) July 1, 2016
— Tim MacMahon (@espn_macmahon) July 1, 2016
Keep up with the latest signings during the July free-agency period by following our 2016 NBA Free Agent Tracker.