Mavericks formalize trade sending Nick Calathes to Grizzlies

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We told you this was coming last night, now it has been finalized.

The Dallas Mavericks have traded point guard Nick Calathes to the Memphis Grizzlies for cash. The Grizzlies announced the deal on Monday.

Dallas already had the Grizzlies 2016 second-round draft (back from the Corey Brewer trade), but to make this trade work Memphis lifted all its restrictions on that pick.

Acquired by the Mavericks on draft night 2009, Calathes is a 6’6” point guard who played his college ball at Florida and has spent the past four seasons playing in Europe (last season with Lokomotiv Kuban of the Russian league, where he averaged 12.6 points, 5.3 rebounds and 4.2 assists on .547 shooting). He has never set foot on an NBA court. Yet.

The Grizzlies have their point guard of the future in Mike Conley and they are looking for depth behind him. Right now they have Jerryd Bayless but are looking for other options.