The Grizzlies finalized a deal Monday with Casey Jacobsen, a guard who last played in the NBA during the 2004-05 season when he split time with Phoenix and New Orleans.

An NBA source confirmed that Jacobsen was in town Monday to sign the contract and visit with Griz personnel. Jacobsen signed a one-year contract.

Jacobsen adds perimeter scoring the Grizzlies sought in order to bolster their guard rotation. He came out of Stanford in 2002 and played 2 1/2 seasons with the Suns before being traded to the Hornets.