In what could be the most ‘sneaky good’ signing of this off-season so far, according the ESPN’s Marc Stein, the Memphis Grizzlies signed Jerryd Bayless.

Memphis hopes that he will fill the void left by the all-but-certain departure of O.J. Mayo. He will be in line to backup starting point guard Mike Conley.

Bayless, 23, has already bounced around the league and has yet to live up to his potential. He was a lottery pick coming out of the University of Arizona. He has not averaged more than 22.7 minutes per game in his career.

He is coming off his best season as a pro by averaging 11.4 points per game and shooting 42.3% from behind the arc. He played the 2011-12 season with the Toronto Raptors.

The terms of his deal are yet to be disclosed, we will update when they are announced.