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Griz GM Wallace agrees to new deal

Updated: June 21, 2010, 10:22 AM ET
Associated Press

MEMPHIS, Tenn. -- Memphis Grizzlies general manager Chris Wallace has signed a multiyear contract extension that gives the team continuity among its leadership.

The team announced Sunday that Wallace had agreed to the deal, though neither the Grizzlies nor Wallace would discuss its length or financial terms. The team also signed coach Lionel Hollins to a three-year contract in April.

"It's always good to get a contract," Wallace said after a pre-draft workout Sunday. "My family and ...

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