Report: Rudy Gay Will Sign Maximum Contract Extension With Grizzlies

Big, and breaking: Grizzlies commit to max deal for Rudy Gay, taking him off the market

ESPN’s Marc Stein is reporting the contract is for five years and $80 million. This is the maximum Gay can make as a four-year player.

It’s an odd decision, because the Grizzlies can afford to wait for someone to make an offer and then match it after seven days. There’s really no incentive for the Grizzlies to do this right off the bat, even if the max is ultimately what it will take to retain him. At the same time, it would be a bummer if they lost him, because they gained some momentum last year and need to maintain that to keep their fans.

For more, head over to SB Nation’s Grizzlies blog Straight Outta Vancouver.