Report: Grizzlies sign Nick Calathes to two-year, nearly $2 million contract

3 Comments

Nick Calathes rated No. 6 in the 2009 NBA Draft, according to John Hollinger’s statistical system – behind only Ty Lawson, Blake Griffin, Tyreke Evans, Austin Daye* and Stephen Curry.

Back then, there was nothing Hollinger could do about Calathes falling to No. 45 in the draft.

Now an executive for the Grizzlies, Hollinger has a bit more power.

Memphis traded for Calathes and today signed him. Marc Stein of ESPN:

By playing well in Europe rather than the NBA the last four years, Calathes earned more than the minimum contract most second-round picks get when they enter the league. Surely, Hollinger no longer views Calathes as just a single step behind Curry, but as far as third point guards go, Calathes represents good value.

With Mike Conley and Jerryd Bayless ahead of him, Calathes doesn’t need to be a huge steal for the Grizzlies in order to justify this trade and signing. If Calathes plays reasonably well in limited minutes and demonstrates potential to grow into a bigger role, that would be plenty for the rookie.

*The obvious outlier on this list, but interestingly, also a player the Grizzlies trade for under Hollinger’s watch. Daye was included in the Rudy Gay trade, which also sent Tayshaun Prince to Memphis.