Report: Marreese Speights to Re-Sign With the Grizzlies [UPDATE]

Mar 13, 2012; Memphis, TN, USA; Memphis Grizzlies center Marreese Speights (5) pops his shirt at the Los Angeles Lakers after dunking the ball during the second half at the FedEx Forum. Los Angeles Lakers defeated the Memphis Grizzlies 116-111. Mandatory Credit: Spruce Derden-US PRESSWIRE

Well, Marreese Speights has tweeted that he's returning to the Memphis Grizzlies this summer. Welcome back, Spezzy!

The terms of his agreement are unknown at the moment, but the qualifying offer they extended to him was for $3.8 million. Again, it would seem as if he accepted that offer, which would in turn make him a unrestricted free agent next summer, if he doesn't re-up with the Grizzlies.

More details to come as they become public. But, for now, welcome back Mo Spezzy!

[Update...]

So, there you have it. Not bad, considering some of the contracts that are being handed out these days -- wait, Jeff Green is getting $10 million per season? Welcome back, Mo!

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