3:35pm: The Grizzlies have officially announced Selden’s new deal in a press release. Since it’s already official, we know it’ll be a minimum salary contract, since those deals can be finalized during the moratorium.
7:23am: The Grizzlies have agreed to re-sign Wayne Selden to a two-year deal, reports Michael Scotto of Basketball Insiders (Twitter link). Terms of the agreement aren’t yet known, but given Selden’s limited role in Memphis, I’d anticipate a minimum salary pact that isn’t necessarily fully guaranteed.
Selden, 22, made his NBA debut in March for the Pelicans. However, New Orleans didn’t re-sign him after his 10-day contract with the club expired, opening the door for him to sign a deal with the Grizzlies. In 14 total games between Memphis and New Orleans, the former Kansas Jayhawk averaged 5.1 PPG, 1.1 RPG, and 0.9 APG in 16.9 minutes per contest.
Selden’s previous contract with the Grizzlies featured a team option for the 2017/18 season, but Memphis didn’t exercise that option, apparently having elected instead to bring back the 6’5″ shooting guard on a brand new deal.