The Grizzlies have re-signed Toney Douglas to a second 10-day contract after his original 10-day deal with the club expired last night, the team announced today in a press release. The new agreement will keep Douglas locked up through February 18.
After appearing in six games for the Grizzlies earlier this season, Douglas was cut in mid-December as the team started getting a little healthier. Memphis opted to bring back the veteran point guard in late January on a 10-day deal — since then, he has appeared in five more games for the team, including last night’s win over Phoenix, in which he scored 11 points in 25 minutes.
While Douglas’ overall numbers this season for the Grizzlies (5.3 PPG, 2.6 RPG, 2.1 APG, .377 FG%) are modest, the club has played well when he has been in the lineup. In Douglas’ 11 games, the Grizzlies are 10-1, with the lone loss coming on the road in Cleveland in December.
Like Douglas’ previous 10-day contract, his new deal will count for $57,672 toward Memphis’ cap, though the FSU product will earn a salary worth a little more than $77K. When that contract expires, the Grizzlies will either have to let Douglas return to the free agent market or sign him to a rest-of-season contract, since teams can’t sign players to three 10-day contracts in the same year.