Memphis Grizzlies sign Quincy Pondexter to contract extension

Grizzlies sign Quincy Pondexter to contract extension

The Memphis Grizzlies signed guard/forward Quincy Pondexter to a contract extension, the team announced today. According to CSNNW, the deal is for four years, $14 million.

Pondexter (6-6, 225) led the Grizzlies in three-point field goal percentage (career-high .395) in 59 games (one start) last season and also averaged career highs with 6.4 points and 2.2 rebounds in 21.1 minutes. He made 60 three-pointers last season after recording a total of 40 threes over his first two NBA seasons.

Pondexter further increased his production during the 2013 NBA Playoffs, averaging 8.9 points and 2.5 rebounds on .489 shooting (.453 3FG shooting) in 23.8 minutes in 15 postseason games. The 25-year-old posted 15.3 points and 3.3 rebounds on .537 shooting (.480 3FG shooting) in 32.0 minutes during the 2013 Western Conference Finals, leading the Grizzlies in scoring twice during the series.

After a 13-point performance in the 2013-14 season opener on Oct. 30 at San Antonio, Pondexter holds career averages of 4.5 points, 1.8 rebounds and 0.6 assists on .431 shooting (.366 3FG shooting) in 15.8 minutes in 190 games (15 starts) for Memphis and New Orleans.

Boston Celtics exercise contract option on Jared Sullinger

Jared Sullinger

The Boston Celtics announced today that they have exercised a contract option on forward Jared Sullinger for the 2014-15 season.

This was an expected move. Sullinger is a talented young player and it makes sense to keep him around and see how he develops.

According to the Boston Herald, Sullinger will make $1,424,520 in the 2014-15 season.

Sullinger, a 6’9” forward, averaged 6.0 points and 5.9 rebounds in 19.8 minutes per game during the 2012-13 season. The second-year player only appeared in 45 games as a rookie for the Celtics before missing the final 37 games of the season due to lumbar disc surgery. Sullinger averaged 10.1 points, 4.6 rebounds, 1.3 assists and 1.0 steal in 20.6 minutes per game during the 2013 preseason. He notched preseason highs of 19 points and nine rebounds at Philadelphia on October 11.

Denver Nuggets exercise contract options on Kenneth Faried and Evan Fournier

Kenneth Faried

The Nuggets have exercised the fourth-year contract option on forward Kenneth Faried and the third-year option on guard Evan Fournier for 2014-15, general manager/executive vice president of basketball operations Tim Connelly announced today.

Faried, the 22nd overall pick in the 2011 NBA Draft, averaged 11.5 points and 9.2 rebounds – both career-highs – in 80 games for the Nuggets last season. He recorded 31 double-doubles and ranked ninth in the NBA in field-goal percentage (.552).

In 126 career games (119 starts), Faried has averaged 11.1 points and 8.6 rebounds, while posting 43 double-doubles. He was named to the NBA All-Rookie First Team in 2011-12.

In addition to his production on the court, Faried received the 2012-13 J. Walter Kennedy Citizenship Award presented annually by the Professional Basketball Writers Association.

Fournier, the 20th overall pick in 2012, averaged 5.3 points and 1.2 assists in 38 games as a rookie last season. He scored in double-figures in six of his final nine appearances, including a career-high 24 points against the Portland Trail Blazers on April 14.

Fournier, 21, turned pro as a teenager and played for Union Poitiers Basket 86 in France’s top pro league before entering the NBA Draft. He twice was named the French League’s Most Improved Player.

General Manager Gersson Rosas leaves Dallas Mavericks

The Dallas Mavericks announced today that Gersson Rosas has resigned as the General Manager.

“I made the personal decision to resign as General Manager of the Dallas Mavericks after determining that the position was not the best fit for me at this point in my career,” said Rosas. “The decision was made solely by me, as I firmly believe this change is in my best interest.”

“Mark Cuban asked me to reconsider my decision, but graciously accepted my decision and we part as friends, Rosas continued. “I would like to thank Mark and the Dallas Mavericks for the opportunity.”

“I was disappointed when Gersson told me of his decision, but I understand and all of us wish him the best,” Cuban said.

Rosas was hired as the team’s General Manager on Aug. 1, 2013.

Boston Celtics suspend Jared Sullinger one game for off-court incident

Here is a statement from the Boston Celtics:

The Boston Celtics announced today that they have suspended forward Jared Sullinger one game for his role in an incident that occurred on August 31, 2013. The suspension will be served during the team’s game at Toronto on October 30, 2013.

“Jared’s case was dismissed yesterday in Waltham District Court,” said Celtics President of Basketball Operations Danny Ainge. “While we are satisfied that this was the correct ruling, we are suspending Jared for one game because he failed to meet the high expectations we have for all Celtics employees.”

The team will have no further comment on this matter.

Knicks exercise contract option on Iman Shumpert

Knicks exercise contract option on Iman Shumpert

New York Knicks President and General Manager Steve Mills announced today that the team has exercised its fourth-year contract option on guard Iman Shumpert.

This was expected. Shumpert is one of the few young building blocks on the Knicks roster, and has exceeded expectations so far in his early NBA career.

In two seasons, Shumpert, 6-5, 220-pounds, holds career averages of 8.3 points, 3.1 rebounds and 2.3 assists over 26.0 minutes in 104 games (80 starts) with New York. He appeared in, and started, 45 games last season to average 6.8 points, 3.0 rebounds and 1.7 assists over 22.1 minutes. The Oak Park, IL native was originally selected by the Knicks in the first round (17th overall) of 2011 NBA Draft and earned 2011-12 NBA All-Rookie First Team honors.

Washington Wizards waive Shannon Brown, Malcolm Lee and Kendall Marshall

shannon brown

Washington Wizards President Ernie Grunfeld announced today that the team has waived guards Shannon Brown, Malcolm Lee and Kendall Marshall. The trio was acquired from Phoenix, along with center Marcin Gortat, in exchange for center Emeka Okafor and a 2014 protected first round draft pick.

Brown has averaged 8.1 points and 2.0 rebounds in 374 career games with Cleveland, Chicago, L.A. Lakers, Charlotte and Phoenix. Lee has averaged 4.9 points and 2.4 rebounds in 35 career games with Minnesota before being traded to Phoenix last summer. Marshall averaged 3.0 points and 3.0 assists during his rookie season with Phoenix last year.

The Wizards roster now stands at 15.

San Antonio Spurs exercise contract options on Kawhi Leonard and Cory Joseph

kawhi leonard

The San Antonio Spurs today announced that they have exercised their fourth-year options on forward Kawhi Leonard and guard Cory Joseph. Both players are now signed through the 2014-15 season.

In two seasons with the Spurs, Leonard has appeared in 122 games, averaging 9.8 points, 5.5 rebounds and 1.49 steals in 32.8 minutes. In 35 career playoff games, the California native has averaged 11.6 points, 7.8 rebounds and 1.54 steals in 33.0 minutes. Leonard joined the Spurs in a 2011 draft night deal that saw the Silver and Black send George Hill to the Indiana Pacers in exchange for Leonard’s rights, along with the rights to Davis Bertans and Erazem Lorbek.

Now entering his third season in San Antonio, Joseph has averaged 3.2 points, 1.5 assists and 1.4 rebounds in 11.5 minutes in a total of 57 games during his first two NBA campaigns. The University of Texas product was drafted by San Antonio with the 29th overall pick in the first round of the 2011 NBA Draft.

Houston Rockets waive Marcus Camby and Reggie Williams

Houston Rockets General Manager Daryl Morey announced that the team has waived center Marcus Camby (as of Oct. 27) and guard Reggie Williams, which brings the Rockets roster down to 15 players.

Camby has had lingering injury problems, and it doesn’t appear he’ll be able to help any NBA team in the near future. It’ll be interesting to see if he tries to keep playing, or calls it a career.

Pacers forward Danny Granger out 3 weeks

danny granger

Indiana Pacers forward Danny Granger will miss approximately three weeks as he rehabilitates a strained left calf injury sustained in the preseason.The length of time is a precautionary measure as the team wants to ensure Granger is physically ready to play in light of missing all but five games last season due to his knee injury. The rehabilitation time is strictly related to the calf injury.

Hopefully Granger finally returns for the Pacers and is able to contribute regularly from that point on.

According to the Pacers.com blog, “What we know for sure now is that Lance Stephenson will start for the immediate future, and probably for the rest of the season. Coach Frank Vogel stated early in training camp that Granger would start if healthy. More recently, he said Granger would be given starting opportunities once healthy to see how it worked. Given the uncertainty of Granger’s availability, Vogel might decide to stick with Granger in a reserve role, where any uncertainty surrounding him would have less impact. If the Pacers open the season well with Stephenson in the starting lineup, why change?”