Memphis Officially Acquires Nick Calathes from Dallas

Christof Koepsel

As Marc Stein of ESPN first reported last night, the Memphis Grizzlies were in talks with the Dallas Mavericks to acquire guard Nick Calathes. Now the news is official. Here's the press release:

Memphis, Tenn. – The Memphis Grizzlies acquired the rights to guard Nick Calathes (CUH-lay-thus) from the Dallas Mavericks, the team announced today. In exchange, Memphis lifted the protection on its 2016 second round pick already owed to Dallas.

Calathes (6-6, 213) posted 12.6 points, 5.3 rebounds and 4.2 assists on .547 shooting in 14 games for Lokomotiv Kuban of the Russian Professional Basketball League (PBL) and averaged 13.9 points, 4.3 rebounds and 6.1 assists on .555 shooting in 30 games in the VTB United League. Calathes was named the 2012-13 EuroCup MVP after recording 12.9 points, 5.9 rebounds and 6.7 assists on .521 shooting in 17 games during the EuroCup competition.

The 24-year-old played his first three professional seasons in Greece for Panathinaikos Athens, helping guide the club to back-to-back Greek League Championships in 2010 and 2011 as well as a Greek League Finals appearance in 2012

Drafted by the Minnesota Timberwolves in the second round (45th overall) of the 2009 NBA Draft, Calathes’ draft rights were traded to Dallas on draft night for a 2010 second round draft pick.

A two-time Florida Mr. Basketball, the Winter Park, Fla. native played two seasons at the University of Florida, where he was named SEC Co-Freshman of the Year in 2008 and selected First Team All-SEC as a sophomore in 2009.

Memphis originally traded a protected 2016 second round draft pick to the Denver Nuggets for Steven Hunter and a 2010 first round draft pick on Aug. 7, 2009. Denver later sent the pick to Dallas as part of a trade for Corey Brewer and Rudy Fernandez on Dec. 13, 2011.

Highlight reel? Did someone say highlight reel? Of course you did. Here's one so fans can get a grasp on the newest member of the Memphis Grizzlies:

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