Grizzlies pick up option on G/F Quincy Pondexter 

The Memphis Grizzlies have picked up the third-year option on Quincy Pondexter's contract, guaranteeing his deal through the 2012-13 season.

The Grizzlies announced the move Tuesday.

The guard-forward has averaged 4.4 points, 2.1 rebounds and 14.9 minutes since Memphis acquired the 6-foot-6 Pondexter from New Orleans on Dec. 24. The Grizzlies sent Greivis Vasquez to the Hornets in the deal, and Pondexter tied his career-high with 14 points on Jan. 8 at the Los Angeles Lakers.

Pondexter was a first-round pick, 26th overall, by New Orleans in 2010 out of Washington where he was the all-time leader with 136 games played.

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