Marc Gasol just announced via his Twitter feed that he will be returning to the Grizzlies:
No details beyond that at this point, but those should be coming soon.
UPDATE:
The Commercial Appeal is reporting that the Gasol deal is for four years at $58 million. If so, then Gasol basically got “The Rudy”: The Grizzlies topped a potential max offer sheet from an outside team (4 years and $55 million) by offering the same deal with higher raises (Grizzlies can offer 7.5% raises while outside teams only 4.5% raises). An actual max contract from the Grizzlies would have started with the same salary — $12.9 million — but would have extended an extra year to 5 years/$75 million. This is basically what happened with Rudy Gay too, where the Grizzlies preemptively topped an outside max deal but didn’t give Gay their own max deal. (Gay’s deal was for five years; a true max would have been for six.)
In all, this contract is richer than the team — and fans — initially hoped. Comparable players such as Joakim Noah and Al Horford had signed for 5/$60 a year ago. But given the number of teams with cap room and the scarcity of quality true centers, it was becoming clear that keeping Gasol was going to come at a premium, with the Houston Rockets said to be preparing a 4/$55 offer for Gasol.
