Steven Adams and Grizzlies agree to contract extension

Memphis is locking up players and it is beginning with Steven Adams. Per several reports, Adams will be under contract for the next three seasons after signing a two-year extension.

He was working off of an expiring contract for this season, that is why he is getting the third season. The contract is stated for two-years, $25.2 million dollars.

His overall contract is three-years, $43.1 million dollars.

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