5:00pm: The signing is official, the team announced via press release.
9:48am: The Grizzlies are expected to re-sign Ryan Hollins, a source told Marc J. Spears of The Vertical on Yahoo Sports (Twitter link). The contract couldn’t be worth more than the minimum salary, and it would have to cover at least the rest of the season because Hollins already signed a pair of 10-day contracts with Memphis earlier this year. It would require a corresponding move, since Memphis is at the 15-man roster limit, unless the Grizzlies qualify for a hardship exception. It’s unclear who would get the boot, but The Commercial Appeal’s Chris Herrington wrote this week that he believed James Ennis would be the most likely cut if the team were to make a signing.
Memphis is missing centers Marc Gasol and Brandan Wright because of injury, leaving the Grizzlies thin inside, where Hollins plays. Shooting guards Jordan Adams and Tony Allen are also hurt. Gasol is done for the season, but the timetable for Wright is unclear. Allen’s situation is similarly muddled, as a sore left knee has kept him from playing since February 19th. Adams is due back soon after undergoing right knee surgery in January. The team would need four players expected to be out for at least another two weeks to merit an extra roster spot.
Hollins has been a rotation player at times for the Grizzlies this year, averaging 3.3 points and 2.4 rebounds in 11.2 minutes per game spread over 14 appearances. He was also with Memphis for the preseason, so this would be his fourth contract with the team in 2015/16. He also spent a few weeks with the Wizards in November and December. The Grizzlies kept Ennis instead of Hollins when they needed to open a roster spot in January, but a reversal of fortune could be in the works.