The Grizzlies have agreed to a two-year, $4.5MM contract with guard Cam Spencer, sources tell Shams Charania of ESPN (Twitter link). The deal is fully guaranteed, Charania adds.
Memphis made Spencer a restricted free agent on Sunday by tendering him a qualifying offer. He spent 2024/25 — his rookie season — on a two-way contract with Memphis.
It’s likely that Spencer signed a minimum-salary contract, which would be worth approximately $4.46MM over the next two seasons.
The 53rd pick of the 2024 draft after winning a national championship with UConn, Spencer appeared in 25 games with the Grizzlies last season, averaging 4.2 points, 1.2 rebounds and 1.4 assists in 10.1 minutes per contest. His shooting line was .415/.365/1.000.
The 25-year-old combo guard had a much bigger role in his eight appearances (32.2 MPG) with the Memphis Hustle in ’24/25, averaging 23.5 PPG, 3.6 RPG, 3.5 APG and 1.2 SPG on .538/.493/.765 shooting.
Spencer will provide depth and outside shooting to the Grizzlies’ backcourt after they traded Desmond Bane to Orlando. They’re also reportedly renegotiating and extending Jaren Jackson Jr. and re-signing Santi Aldama.
Seems like the younger brother is going to have bragging rights over his older brother.
No one outworks Cam. Wonder if he’s still driving his beat up RAV-4?