As expected, the Grizzlies' big announcement today is that they've signed Mike Miller to a contract, the terms of which haven't been disclosed. From the press release:
Memphis, Tenn. – The Memphis Grizzlies signed two-time NBA champion Mike Miller, the team announced today. Per team policy, terms of the deal were not disclosed. The signing reunites the Grizzlies with the sharpshooter, who still owns eight major franchise records after playing five-plus seasons in Memphis from 2002-08.
"We are extraordinarily pleased to welcome Mike Miller back to Memphis," Grizzlies Chief Executive Officer Jason Levien said. "Mike is a special figure in our community due to his contributions both on and off the court. Mike is an elite three-point shooter, as Grizzlies fans know first-hand, and we expect his shooting, play-making, hustle and leadership to be a key component in our team competing with the best in the NBA next season."
The Grizzlies are reportedly still very much in the hunt for Mo Williams, but today is Mike Miller day. The presser is open to the public and fans are reportedly flocking to the FedExForum.