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Grizzlies sign veteran guard Jason Williams

MEMPHIS, February 7, 2011 – The Memphis Grizzlies signed free agent guard Jason Williams, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today. Per team policy, terms of the deal were not disclosed. Williams, who played four seasons in Memphis from 2001-05, is the franchise’s all-time assists leader (2,041).

A member of the inaugural Memphis Grizzlies in 2001, Williams played four seasons in the Bluff City (2001-05), where he averaged 11.9 points, 7.2 assists and 2.4 rebounds in 30.7 minutes in 284 games (277 starts) and helped lead the Grizzlies to their first two playoff appearances (2004, 2005). After his time in Memphis, the 6-1, 190-pound floor general won an NBA Championship as a starter for the 2005-06 Miami Heat.

Selected by the Sacramento Kings with the seventh overall pick in the first round of the 1998 NBA Draft, Williams holds career averages of 10.6 points, 5.9 assists and 2.3 rebounds in 29.7 minutes in 777 career games (667 starts) over 12 NBA seasons with the Kings, Grizzlies, Heat and Orlando Magic. The 35-year-old, who ranks ninth among active players in assists (4,683), posted 2.1 points, 1.5 assists and 1.4 rebounds in 10.7 minutes in 16 games this season for Orlando.

Williams also ranks in the top 10 in Grizzlies history in three-pointers made (497, 2nd), steals (369, 4th), points (3,379, 9th), three-pointers attempted (1,528, 2nd), assists per game (7.2, 2nd), games played (284, 10th), games started (267, 7th) and free throw percentage (.817, 5th).

Memphis’ roster now stands at 14 players.