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Old 04-17-2011, 09:30 PM   #1 (permalink)
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Grizzlies Memphis rewards Randolph

with a new deal after their first playoff win.

Quote:
Hours after Zach Randolph helped the Memphis Grizzlies win their first playoff game, the franchise rewarded him with a four-year, $71 million contract extension, according to league sources.

Of the $71 million, $66 million is fully guaranteed and the fourth and final year of the deal is a player option, sources said. Randolph has incentives based on individual and team achievements of $1.3 million each season, according to sources.

Randolph, a 10th-year veteran, led the Grizzlies to a stunning 101-98 victory over the San Antonio Spurs Sunday afternoon. The 6-9 forward posted game-highs of 25 points and 14 rebounds as 8th-seeded Memphis dropped the Western Conference's top seed.

It was the Grizzlies' first playoff victory in 13 tries. They'd been swept in their three previous trips to the playoffs.

With the 29-year-old Randolph as a foundation piece, Memphis appears to be one of the league's most promising young squads. In addition to Randolph, who averaged team-highs of 20.1 points and 12.2 rebounds this season, the Grizzlies also signed Rudy Gay and Mike Conley to long-term deals within the past year.
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