I hate to say I told you so, but Quincy Pondexter, not Ed Davis, has been given a well-deserved four year contract extension by the Memphis Grizzlies. This is called paying for performance, not for potential.
Griz expected to sign Pondexter to a 4-year extension tomorrow before deadline, per source. Ed Davis unlikely because sides are far apart
— Ronald Tillery (@CAGrizBeat) October 31, 2013
In the face of most bloggers, writers and analysts speculating that the Grizzlies should extend Ed Davis, I was the voice of reason, saying that they were foolishly ignoring the obvious – that the Grizzlies really needed to sign an extension with their other eligible player: Quincy Pondexter.
The word all over twitterdom is the the deal is for four years and $14 million. Sounds like Pondexter received long-term financial security at a starting salary the Griz deemed as value.
The Witching Hour Is Upon Us
The NBA deadline is 11:59 p.m. EDT tonight for teams to come to terms on contract extensions for players in the 2010 draft class.
The timing and the negotiations played out similarly to what Mike Conley experienced in 2010 when he signed a five-year, $40 million contract extension at the 11th hour.