Green could’ve entered the market this summer to sign a long-term extension in Memphis or elsewhere, but his uneven play after a January trade from Boston would’ve made rejecting his player option a significant financial risk.
The Grizzlies will have a full training camp to incorporate Green into their system, with the franchise’s full attention turning to the re-signing of first-team All-NBA center Marc Gasol in July free agency. Gasol is expected to stay with the Grizzlies, but no final decision has been made, league sources told Yahoo Sports.
Green, 28, averaged 13.1 points, 4.2 rebounds and 1.8 assists in 45 games with Memphis last season. Memphis acquired Green in a three-team deal with Boston and New Orleans.
Memphis reached the Western Conference semifinals, losing in six games to the eventual NBA champion Golden State Warriors.
More NBA coverage: