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.
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