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Grizzlies extend GM Chris Wallace

Nelson Chenault / Reuters

The Memphis Grizzlies have signed general manager Chris Wallace, executive vice president of basketball operations John Hollinger, and executive vice president of player personnel Ed Stefanski to multi-year contract extensions, the team announced Thursday.

Terms of the deals were not disclosed.

Wallace has served as the team's general manager since 2007, establishing a formidable core of Mike Conley, Marc Gasol, Zach Randolph, Tony Allen, and Chandler Parsons during his time in Memphis.

Memphis has experienced some of the franchise's best years under Wallace, making its first Western Conference finals in 2013, and currently owns the league's third-longest active postseason streak after reaching the playoffs in each of the last six seasons.

The Grizzlies hired Hollinger in 2012 after he spent eight years as an NBA columnist for ESPN, while Stefanski was brought over in 2014 after spending the previous two seasons with the Toronto Raptors.

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