The Memphis Grizzlies have decided they want to Quincy Pondexter to stick around, signing him to new 4-year contract.
It's reported total is $14 Million Dollars.
With the deal, the Grizzlies beat the Thursday night deadline for players drafted in 2010.
The 6-foot-6 guard-forward led the Grizzlies with a career-high 39.5 percent shooting from 3-point range in 59 games last season.
In the Western finals, Pondexter averaged 15.3 points shooting 53.7 percent from the floor.
Pondexter was the 26th selection overall by Oklahoma City in 2010, trading his rights to New Orleans.
The Grizzlies traded for him Dec. 24, 2011.