Grizzlies to sign Richmond’s Jacob Gilyard to Exhibit 10 contract

Gilyard will sign with the Grizzlies after playing in summer league with the Warriors and Timberwolves.

Former Richmond guard Jacob Gilyard will reportedly sign an Exhibit 10 contract with the Memphis Grizzlies, according to Bobby Marks of ESPN.

Gilyard, who went undrafted last month, averaged 13.3 points, 5.4 assists, 3.5 rebounds and 2.9 steals as a fifth-year senior. He was named the Atlantic 10 Tournament MVP, posting 19.8 points per game while playing all 160 minutes as the Spiders claimed the conference title.

He left college as the all-time steals leader in Division I with 466.

The 24-year-old played in summer league with the Golden State Warriors and Minnesota Timberwolves, averaging 2.2 points, 1.7 rebounds and 1.3 assists in six total games.

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Gilyard will likely participate with the Grizzlies in training camp and then spend next season in the NBA G League with the Memphis Hustle as part of his Exhibit 10 contract. He can receive a bonus of up to $50,000 if he is waived and stays with the Hustle for at least 60 days.

This post originally appeared on Rookie Wire! Follow us on Facebook!

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