Mike Conley is commonly referred to as the most underrated player in the NBA. Now he owns the richest contract in league history.
The Memphis Grizzlies point guard agreed to a five-year, $153 million deal to remain with the only team he has ever played for, according to multiple reports Friday.
Memphis and Mike Conley have agreed in principle on a five-year, $153 million deal, league sources say. Finer points "nearing conclusion."
— Marc Stein (@TheSteinLine) July 1, 2016
Conley’s new deal, which averages $30.6 million per season, slightly edges out Portland Trail Blazers point guard Damian Lillard’s $151.8 million contract extension signed last summer that takes effect this coming season.
Conley, 28, was drafted fourth overall by Memphis in 2007. He has never made an All-Star game, and he hasn’t played in 80 games or more in a season since 2012-13.
Conley’s “richest contract ever” status is just a formality. Stephen Curry (Warriors), LeBron James (Cavaliers), Kevin Durant (Thunder) and Blake Griffin and Chris Paul (Clippers) all are candidates to break that record next summer in free agency.
Thumbnail photo via Justin Ford/USA TODAY Sports Images
