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Report: Grizzlies sign Nick Calathes to two-year, nearly $2 million contract

Aug 9, 2013, 4:35 PM EDT

Nick Calathes AP

Nick Calathes rated No. 6 in the 2009 NBA Draft, according to John Hollinger’s statistical system – behind only Ty Lawson, Blake Griffin, Tyreke Evans, Austin Daye* and Stephen Curry.

Back then, there was nothing Hollinger could do about Calathes falling to No. 45 in the draft.

Now an executive for the Grizzlies, Hollinger has a bit more power.

Memphis traded for Calathes and today signed him. Marc Stein of ESPN:

By playing well in Europe rather than the NBA the last four years, Calathes earned more than the minimum contract most second-round picks get when they enter the league. Surely, Hollinger no longer views Calathes as just a single step behind Curry, but as far as third point guards go, Calathes represents good value.

With Mike Conley and Jerryd Bayless ahead of him, Calathes doesn’t need to be a huge steal for the Grizzlies in order to justify this trade and signing. If Calathes plays reasonably well in limited minutes and demonstrates potential to grow into a bigger role, that would be plenty for the rookie.

*The obvious outlier on this list, but interestingly, also a player the Grizzlies trade for under Hollinger’s watch. Daye was included in the Rudy Gay trade, which also sent Tayshaun Prince to Memphis.

  1. inhokewetrust - Aug 9, 2013 at 6:32 PM

    Finally great to see more and more Greeks playing in the NBA…Nick and his brother are both trying out for the Greek national team..

  2. gogatorsjohn - Aug 10, 2013 at 11:43 AM

    Funny how things work out seeing him and Chandler Parsons at UF when Calathes was the NBA prospect and Parsons was the project with potential. Great to see Calathes get a shot.

  3. zzztknk - Aug 12, 2013 at 2:07 PM

    Looking forward to seeing Calathes play also. But what gets me is the same idiots that were saying Tony Parker wasn’t a PG, but a shooting guard are saying that Bayless is not a PG. Cmon guys when will they learn, that just because a guy can score, get to basket and kick-out to open teammates, run the pick-n-roll, doesn’t mean the guy is not a PG. A PG is the quarterback of the team. He must score when needed and pass when needed, not either or, but both!

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