We’re very excited for him to continue his professional career in the city of Memphis.” “Rudy has been a cornerstone of our team for the past four seasons and was one of the top stars in perhaps the greatest free agent class in NBA history. “It’s a great day for the Grizzlies franchise to re-sign Rudy Gay,” Wallace said. We’ll post contract details this afternoon. Per team policy, financial terms of the deal were not disclosed. The Memphis Grizzlies have re-signed forward Rudy Gay to a multi-year contract, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today.