Memphis Grizzlies, Quincy Pondexter nearing extension

It has been reported that the Memphis Grizzlies and shooting guard, Qunicy Pondexter, are close to signing a contract extension. Via ESPN,

"Sources told ESPN.com that the Grizzlies intend to finalize a four-year deal approaching $15 million with Pondexter before Thursday night’s 11:59 p.m. deadline for extensions for first-round picks from the 2010 draft.Pondexter would thus become the sixth first-round pick from the Class of 2010 to score a contract extension before the deadline. He’d join the Washington Wizards’ John Wall, Indiana Pacers; Paul George, Sacramento Kings’ DeMarcus Cousins, Utah Jazz’s Derrick Favors and Milwaukee Bucks’ Larry Sanders on the list of extension recipients."

In his 190 game NBA career, Pondexter has a .431 career FG%, with a 4.5 ppg average, along with a .6 apg average and 1.8 rpg average. The Grizllies would obviously need more from Pondexter, but a contract extension could be just the thing to get those averages higher. In his first game this season, Pondexter accounted for 13 points, three assists, and two boards.