Zach Randolph Inks 4-Year, $71 Million Extension With Grizzlies

by April 18, 2011

As expected, Memphis rewarded Z-Bo with a large contract extension (he certainly earned his money in the Game 1 vs the Spurs.) From the Commercial Appeal: “Turns out that Zach Randolph’s Game 1 performance Sunday afternoon against the San Antonio Spurs came with added motivation. The Grizzlies’ forward is set to sign a four-year contract extension this week worth $66 million guaranteed with an additional $5 million in incentives, according to two sources with knowledge of the situation. Randolph’s agent, Raymond Brothers, and Griz general manager Chris Wallace agreed to a deal in principle late Saturday night, the sources said. Randolph is expected to sign the contract Monday or Tuesday with the Griz making an official announcement before Wednesday’s Game 2 against the Spurs. Within the past week, both sides agreed on financial terms that includes a player option for the fourth year. They were working through other clauses, including one that had to do with personal conduct. But Randolph, who turns 30 in July, hasn’t had any off-court problems since joining the Griz in 2009. Instead, he’s been one of the league’s top contributors in the community to go with career productivity on the court. Griz coach Lionel Hollins called Randolph the team’s most valuable player.”