Memphis Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today the team has signed Mike Conley to a contract.  Per team policy, financial terms of the deal are not disclosed.  

?Mike has all the attributes needed to develop into a top flight NBA point guard,? said Wallace. ?We are excited about the progress he has shown in the brief period of time he has been with the Grizzlies.  Now that he has signed, Mike and his family are eager to become further involved in the greater Memphis community.?

Conley, the fourth overall selection in the 2007 NBA Draft, averaged 11.4 points, 5.2 assists, 3.0 rebounds and a team-high 39.8 minutes in five games with the Grizzlies at the 2007 NBA Summer League in Las Vegas.  

The former Ohio State guard was named First Team All-Big Ten by the media and Second Team All-Big Ten by the coaches, and was also named to the Big Ten All-Tournament Team as a freshman. He started all 39 games for the Buckeyes, finishing third on the team in scoring (11.3 ppg) and first in assists (6.1 apg) and steals (2.2 spg). He had a career-high 23 points in a win over Michigan and a career-high eight rebounds in a win against Cincinnati.