LAS VEGAS — The Memphis Grizzlies have signed Cam Spencer to a multi-year contract extension, the team announced on July 14. The deal is a four-year contract worth 10.5 million, according to multiple reports.

The Memphis Grizzlies are re-signing guard Cam Spencer to a four-year, $10.5 million contract, ESPN reported Monday.

JUNE 30: The Grizzlies will sign free agent guard Ty Jerome to a three-year contract worth $28MM, per Shams Charania of The Athletic ( Twitter link ). The deal will include a third-year player option, Charania adds.