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Report: Grizzlies to offer Conley max contract

Doug Pensinger / Getty Images Sport / Getty

The Memphis Grizzlies will offer point guard Mike Conley a five-year max contract worth approximately $153 million, a source told ESPN's Tim MacMahon.

Conley is expected to have a firm agreement with the Grizzlies by Saturday at the latest, according to ESPN's Marc Stein, citing sources.

Conley is a nine-year veteran, meaning he will earn nearly $35 million in the fifth year of his deal with Memphis.

The 28-year-old averaged 15.3 points, 6.1 assists, and 2.9 rebounds in 56 games this past season.

The Grizzlies have been willing to spend this offseason, already inking Chandler Parsons to a max deal earlier Friday.

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