National Basketball Association Transactions
July 8, 2014INDIANA SPORTS PAGE
The Grizzlies announced Zach Randolph exercised his player option for the 2014-15 season and signed a multi-year contract extension. The club picked up the $16.5 million option for the 2014-15 season and agreed to a two-year extension.
Channing Frye has reportedly agreed to a four-year deal with the Orlando Magic. Frye's new contract will be worth $32 million, according to Yahoo Sports.
Free agents Josh McRoberts and Danny Granger have signed with Miami. ESPN reported the 6-foot-10 McRoberts has agreed to a four-year deal worth an estimated $23 million, while Granger is set to receive a two-year, $4.8 million contract.
The Memphis Grizzlies have agreed to a multi-year contract with first-round draft pick Jordan Adams.