Report: Grizzlies sign Vince Carter to three-year, $12 million deal

The Grizzlies have signed free agent swingman Vince Carter to a three-year, $12 million deal, according to Yahoo Sports' Adrian Wojnarowski on Friday night.

The Grizzlies have signed free agent swingman Vince Carter to a three-year, $12 million deal, according to Yahoo Sports' Adrian Wojnarowski on Friday night.

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The Mavericks were also reportedly interested in keeping Carter.

The 37-year-old averaged 11.9 points and 3.5 rebounds in 81 games last season for Dallas, all off the bench. The 1999 Rookie of the Year is an eight-time All-Star and a 16-year veteran of the Raptors, Nets, Magic, Suns and Mavericks.

Vince Carter has agreed to a three-year, $12M deal with Memphis, league source tells Yahoo Sports.

— Adrian Wojnarowski (@wojespn) July 12, 2014

- Chris Mascaro