Grizzlies pick up option on Pondexter (AP)

The Memphis Grizzlies have picked up the third-year option on Quincy Pondexter's contract, guaranteeing his deal through the 2012-13 season. The Grizzlies announced the move Tuesday. The guard-forward has averaged 4.4 points, 2.1 rebounds and 14.9 minutes since Memphis acquired the 6-foot-6 Pondexter from New Orleans on Dec.

Source: http://us.rd.yahoo.com/sports/rss/nba/SIG=120kpqjen/*http%3A//sports.yahoo.com/nba/news?slug=ap-grizzlies-pondexter

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