Updates from Friday, June 27
Yahoo! Sports' Adrian Wojnarowski reports that Randolph and the Grizzlies have reached an agreement:
After exercising his $16.5M player option for 2014-'15, Zach Randolph has agreed to 2-year, $20M extension with Memphis, sources tell Yahoo.— Adrian Wojnarowski (@WojYahooNBA) June 27, 2014
Zach Randolph and the Memphis Grizzlies have been a perfect match for each other since the power forward joined the franchise in 2009, but there appears to be some dissension among the two sides regarding a contract that could lead to him becoming a free agent.
According to Adrian Wojnarowski of Yahoo Sports, talks for an extension aren't progressing the way either side wants and that's caused a stalemate.
The Memphis Grizzlies and forward Zach Randolphhave reached an impasse in contract extension talks and the two-time All-Star forward is thinking seriously about triggering his early termination option and becoming a free agent, league sources told Yahoo Sports.
David Aldridge of TNT has more insight into the situation:
As @WojYahooNBA reported, Zach Randolph & Grizz are at an impasse. But it's not about years; as ever, it's about dollars.— David Aldridge (@daldridgetnt) June 25, 2014
Randolph signed a four-year, $66 million extension with the Grizzlies in 2011 that included a player option for $16.5 million in 2014-15. According to Wojnarowski's report, the 32-year-old has until June 30 to exercise the final year on his deal or become a free agent.
The report also says that Randolph is seeking a new four-year extension, but the Grizzlies are holding "firm on a three-year extension."
Grizzlies general manager Chris Wallace told Ronald Tillery of the Memphis Commercial Appeal on June 20 that the two sides were active in negotiations and hoping to reach an agreement, citing how important Randolph has been to the franchise and vice versa.
We’re very excited about what Zach’s done in the past and hope to have him here in the future. This has really been a terrific boon for both sides. He’s obviously meant a great deal to us on and off the court. And Memphis has worked for him. This has been, by far, the best stop for him since he’s been in the NBA. So we’re working towards that goal.
What should the Grizzlies do?
Randolph, a two-time All-Star, had his best season since 2010-11 last year. He averaged 17.4 points, 10.1 rebounds and 2.5 assists while shooting 46.7 percent from the floor in 2013-14. He was the team's leading scorer and rebounder in the regular season and postseason loss against Oklahoma City.
The Grizzlies have been rising up the Western Conference ranks, making the playoffs four consecutive years and winning at least 50 games each of the last two years. Randolph has been the glue holding the franchise together, so even the threat of losing him would be devastating.
If you want to talk sports, hit me up on Twitter.