Vince Williams Jr. signed a three-year, $7.9 million guaranteed contract with the Memphis Grizzlies. The deal includes a team option for the fourth season.

The deal is the most guaranteed money agreed to for a player coming off a Two-Way contract.

The Grizzlies waived Bismack Biyombo to create a roster spot for Williams. 

Williams is averaging 5.9 points and 5.1 rebounds.