The Memphis Grizzlies are interested in signing an extension with Mike Conley and have engaged in talks more than once.

Conley will become a free agent in 2016, when his five-year, $40 million deal expires.

Conley would draw significant interest as a free agent at 28 years old.

With the cap increasing in 2016, Conley would likely fare much better financially by waiting for a new deal.