Memphis forward Zach Randolph has agreed to a contract extension with the Grizzlies, his agent said Friday.
Raymond Brothers confirmed to the Associated Press in a text message a Yahoo Sports report that Randolph is exercising his $16.5-million option for the 2014-15 season and has agreed on a two-year extension worth $20 million.
Since coming to Memphis in 2009, Randolph has been a cornerstone of the Grizzlies franchise. His return indicates the Grizzlies will bring back the nucleus of a team that won 50 games this season and lost to the Oklahoma City Thunder in the first round of the Western Conference playoffs.
Washington Wizards forward Martell Webster is recovering from surgery to repair a herniated disc in his back and could miss the start of next season.