FAD16

Sources: Conley, Grizzlies Agree in Principle on Five-Year Deal

Disclosure
We independently review everything we recommend based on our strict editorial guidelines. When you buy through our links, we may earn a commission. Learn More
MikeConley_12

Mike Conley and the Memphis Grizzlies have agreed in principle on a five-year, $153 million deal, according to league sources.

This would be the richest contract by total value in NBA history, according to ESPN Stats & Information. It also would be the first deal worth $100 million or more total with an average annual value of more than $30 million per year. Sources told ESPN that the verbal agreement would be sealed Friday night and the final details were “nearing conclusion.”

Source: Marc Stein of ESPN