Former Indiana forward Troy Williams has signed a partially guaranteed contract with the Memphis Grizzlies, a source tells Peegs.com.
Williams will have a portion of his salary guaranteed. He will be invited to training camp, but is not guaranteed a roster spot with the Grizzlies.
If Williams earns an NBA roster spot, he will earn at least $543,471, the NBA minimum salary for a player with zero years of experience.
Williams had offers for partially guaranteed deals from five NBA teams, including the Los Angeles Lakers, a source tells Peegs.com.
Williams and former IU point guard both have signed one-year partially guaranteed deals. Ferrell signed with the Brooklyn Nets after playing for them in the NBA Summer League.
By signing undrafted players to a one-year deal, a franchise retains their rights for a year. If the players do not make an NBA roster following training camp, the NBA team holding their rights can assign them to a D-League team or, potentially, set up an agreement with an overseas entity.
Williams played in NBA Summer League with the Phoenix Suns. He averaged 20.3 points, 6.7 rebounds shot 54 percent from the field and went 19-for-24 from the line over a three-game stretch.
In his six NBA Summer League games with Suns, he averaged 12.3 points and 4.3 rebounds in just over 22 minutes of playing time in six contests. He shot 54.3 percent from the floor.
Williams left Indiana after his junior year but was not drafted in June.
Full stat line for Williams in the Vegas summer league.