Zach Randolph Agree To Contract Extension With Grizzlies

ESPN is reporting that Zach Randolph has agreed to a two-year, $20 million extension with the Memphis Grizzlies.

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"It's cool, man," Randolph told the Memphis Commercial Appeal. "This is where I want to be."

ESPN.com reported last weekend that the Grizzlies were working to complete a deal by July 1 to keep Randolph from reaching the open market. Sources close to the process said Friday that Randolph agreed to two-year, $20 million extension -- which starts in 2015-16 -- after invoking his $16.5 million player option for next season.

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Last season with the Grizzlies, Randolph averaged 17.4 points and 10.1 rebounds.