The Grizzlies have picked up their $2.23MM fourth-year option on Quincy Pondexter for 2013/14, Ronald Tillery of the Memphis Commercial Appeal tweets. Pondexter was the last of the players eligible for rookie-scale contract extensions by tonight's 11pm Central deadline, as our tracker shows.
The Thunder took Pondexter with the 26th pick in the 2010 NBA draft, trading him that night to the Hornets. The 6'6" swingman averaged 2.8 points in 11.1 minutes per game as a rookie for New Orleans, which sent him in another trade to the Grizzlies before last season. Pondexter saw a little bit more time in Memphis, averaging 15.7 MPG while putting up 4.2 PPG.