Luke Hancock, a clutch championship shooter at Louisville, has reached agreement on a one-year, NBA-minimum contract with the Memphis Grizzlies, league sources told RealGM.

Hancock, 24, went undrafted in June after playing two collegiate years at George Mason and his final two for Rick Pitino. As the Most Outstanding Player in the 2013 NCAA tournament, Hancock propelled Louisville to a national championship and went for 22 points and 5-of-5 three-point shooting in the title game against Michigan.

The 6-foot-6 swingman averaged 12.3 points and 2.6 rebounds in 36 games last season.

Hancock played for the Orlando Magic and Houston Rockets in the July NBA Summer League.