The Memphis Grizzlies exercised the fourth-year contract option on guard/forward Quincy Pondexter, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today.  Pondexter now is signed through the 2013-14 season.

Pondexter (6-6, 225) posted 4.2 points and 2.0 rebounds in 15.7 minutes in 64 games (eight starts) for Memphis last season after being acquired from the New Orleans Hornets for Greivis Vasquez on Dec. 24, 2011.  The 24-year-old owns career averages of 3.5 points and 1.6 rebounds on .432 shooting in 13.4 minutes in 130 games (14 starts) for Memphis and New Orleans.

After leaving the University of Washington as the school’s all-time leader in games played (136), the Fresno, Calif. native was drafted by the Oklahoma City Thunder in the first round  (26th overall) of the 2010 NBA Draft before his rights were traded to New Orleans in a draft-night deal.

The Memphis Grizzlies will tip-off the 2012-13 regular season tonight against their 2012 NBA Playoffs opponent, the Los Angeles Clippers, at 9:30 p.m. CT at STAPLES Center.  Grizzlies fans can see the regional telecast on SportSouth HD and listen on 92.9 FM ESPN/680 AM.