Spruce Derden-US PRESSWIRE
On Wednesday, the Grizzlies picked up the fourth-year option on Quincy Pondexter's contract.
From the press release:
The Memphis Grizzlies exercised the fourth-year contract option on guard/forward Quincy Pondexter, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today. Pondexter now is signed through the 2013-14 season.