Skip to main content
Come Fan with UsTuesday, June 23, 2026

Mike Conley Signs Five-Year $45 Million Contract Extension With Memphis Grizzlies

We now have a contender for the worst contract handed out this offseason. According to ESPN's Chris Broussard,the Memphis Grizzlies have signed Mike Conley to a five-year, $45 million contract extension.

Yup, Mike Conley. Conley is off to an excellent start this season in Memphis’ first three games, and the Grizzlies have committed to him at point guard throughout his short NBA career. But he has also displayed little growth, and has yet to prove he’s even an average point guard. His traditional statistics don’t look that bad, but he struggles running pick and roll on both ends of the floor, which is kind of problematic for a point guard.

As CBS Sports' Matt Moore writes:

Every point guard in the National Basketball Association is able to probe the defense. It involves stepping inside the arc, towards defenders, and maintaining your dribble to see how the defense reacts to penetration. It allows the point guard to evaluate spacing and set up the correct set of decisions. Mike Conley cannot. He will routinely turn his back to a post maneuver, just to avoid losing the ball. This is because he has tremendous difficulty in splitting defenders. This is just one example. He struggles in the pick and roll according to Synergy Sports, averaging just a .79 PPP in the pick and roll and shooting 44% which is a great Field Goal %, but not in pick and roll. Defensively? It’s even worse.
Conley surrenders a .96 PPP in Isolation, giving up free throws over 16% of the time. In pick and roll, a .82. It’s not horrific. It’s just miserably average-to-subpar.

For all that, the Grizzlies will pay Conley more annually than Jason Kidd, Devin Harris, Jameer Nelson, Mo Williams and Andre Miller. Making matters worse, the Grizzlies are a small-market team that has just tied up over $130 million for the next five years for Conley and Rudy Gay. Marc Gasol, O.J. Mayo and Zach Randolph, the team's other three starters, are up for contract extensions within the next two years. Therefore, keeping Conley could easily prevent the Grizzlies from keeping one or more of those players.

For more, check out SB Nation’s Grizzlies blog Straight Outta Vancouver.

See More:

More in General

GeneralFromPosting and Toasting
An SB Nation New Yorker needs our helpAn SB Nation New Yorker needs our help
GeneralFromPosting and Toasting
General
Sabastian Sawe breaks 2-hour barrier, shatters marathon world recordSabastian Sawe breaks 2-hour barrier, shatters marathon world record
General

The mythical two-hour mark was broken at the London Marathon.

By Bernd Buchmasser
A Huge Dog
THE HISTORY OF CHARGING THE MOUND, EPISODE 1THE HISTORY OF CHARGING THE MOUND, EPISODE 1
Play
General
Super Bowl 60 coin toss resultsSuper Bowl 60 coin toss results
General

The Seahawks and Patriots will open the Super Bowl with the coin toss to determine who starts with the ball. We have the full coin toss results for Super Bowl 60.

By David Fucillo
General
Marc Marquez completes a comeback for the agesMarc Marquez completes a comeback for the ages
General

MotoGP’s Marc Marquez completed a comeback for the ages with his 2025 title

By Mark Schofield
General
How to make sure SBNation.com appears in your Google search resultsHow to make sure SBNation.com appears in your Google search results