Grizzlies Sign Swingman Kyle Anderson

JULY 9, 10:55pm: The signing is official, according to a Grizzlies press release, after the Spurs declined to match.

JULY 6, 8:27pm: Spurs swingman Kyle Anderson has signed a four-year, $37.2MM offer sheet with the Grizzlies, Adrian Wojnarowski of ESPN reports. San Antonio has 48 hours to match the offer, which includes a 15 percent trade kicker, on the restricted free agent.

The Grizzlies will use their full mid-level exception on Anderson and become hard-capped if San Antonio fails to match, Bobby Marks of ESPN tweets.

The Grizzlies targeted Anderson in their quest to upgrade at small forward, Wojnarowski continues. Anderson averaged 7.9 PPG and 5.4 RPG in 26.7 MPG last season. He started 67 of 74 games with Kawhi Leonard sidelined for all but nine games with a quad injury.

The 6’9” Anderson is entering his fifth season in the league and the Spurs have been positive about retaining him, Wojnarowski adds. He’s been a rotation player the last three seasons but has never posted big numbers. He is considered a superior defender, which attracted Memphis’ attention as it tries to restore a defensive mindset.

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