FRIDAY, 3:07pm: The Grizzlies announced the Hudson signing today in a press release. He'll take up the 15th spot on Memphis' roster.
THURSDAY, 10:26pm: Lester Hudson has a verbal agreement to join the Grizzlies for the rest of this season, according to The Commercial Appeal's Ronald Tillery. With Gilbert Arenas recovering from a torn ligament on his shooting hand, the Grizzlies decided to bring Hudson on as for backcourt insurance as the team heads into the playoffs. Hudson, whose most recent 10-day contract expired, is eligible to play in the postseason because he was not waived by the Cavaliers.
This is the 27-year-old Memphis natives second stint with the Grizzlies. Two years ago he appeared in nine games with the team, averaging 4.0 PPG. After Cleveland failed to extend him an offer to sign for the rest of the season, Hudson decided to part ways with the team earlier today.