Mike Conley Jr. could return this weekend as he's made remarkable progress in healing a transverse process fracture in the vertebrae.

Conley was initially expected to be out six weeks but he's close to returning in under three weeks.

The Grizzlies have posted a 7-2 record without Conley since the injury.

LeBron James and Marc Gasol have been named the NBA's Players of the Week.

In four games this past week, James led the Cavaliers to the best record in the Eastern Conference at 4-0 after he averaged an NBA-high 32.5 points, 7.8 rebounds, 8.0 assists and 2.25 steals in 38.5 minutes. He shot .585 from the field and .409 from the three-point line. 

Gasol averaged 27.3 points, 10 rebounds and 5.3 assists per game for the Grizzlies.

Memphis Grizzlies Controlling Owner Robert Pera announced that General Manager Chris Wallace, Executive Vice President of Basketball Operations John Hollinger and Executive Vice President of Player Personnel Ed Stefanski have been signed to multi-year extensions with the organization.

“I am pleased to announce that our Basketball Operations executive team, led by General Manager, Chris Wallace, will continue to lead our franchise for years to come,” Pera said. “Chris, John and Ed bring a wealth of NBA experience and success, and have done a tremendous job establishing the strong culture that I believe is necessary to ensure sustained success in this ultra-competitive environment. More importantly, I am confident that the toughness, resilience, discipline and unselfishness that are embedded in the fabric of our culture will continue to serve as a point of pride for Memphis, the surrounding region and all Grizzlies fans.”

Wallace joined the Grizzlies as general manager and vice president of basketball operations on June 18, 2007 and assembled much of the talent that has helped guide the franchise to a club-record six consecutive playoff appearances.

Hollinger joined the organization as vice president of basketball operations on Dec. 13, 2012. Best known for his work at the forefront of basketball's analytics movement, Hollinger holds a prominent role in more traditional basketball functions such as scouting and medical support, while his analytics background is vital in analyzing personnel decisions such as trades, draft, free agency and salary cap management. In addition, Hollinger oversees the Grizzlies’ analytics infrastructure and international scouting.

Stefanski joined the Grizzlies as executive vice president of player personnel on July 30, 2014, bringing to Memphis his well-earned reputation league-wide as an excellent evaluator of talent following management positions at the highest levels with the New Jersey Nets (1999-2007), Philadelphia 76ers (2007-11) and Toronto Raptors (2011-13).

The Memphis Grizzlies have signed Toney Douglas with their injury hardship exemption.

Douglas was with the Cleveland Cavaliers during the preseason.

Last season, Douglas played in 61 games for the New Orleans Pelicans, averaging 8.7 points, 2.3 rebounds and 2.6 assists in 20.7 minutes per game.

The Grizzlies will be without Mike Conley for several weeks.