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Report: Grizzlies signing point guard Lazeric Jones

Golden State Warriors v New Orleans Pelicans

LAS VEGAS, NV - JULY 18: Lazeric Jones #14 of the New Orleans Pelicans handles the ball against the Golden State Warriors during the 2015 NBA Las Vegas Summer League game on July 18, 2015 at Thomas & Mack Center in Las Vegas, Nevada. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2015 NBAE (Photo by Garrett Ellwood/NBAE via Getty Images)

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The Grizzlies have three point guards with guaranteed salaries – Mike Conley, Beno Udrih and Russ Smith.

But Memphis also has just 14 players with full guarantees, leaving one extra spot on its regular-season roster.

Another point guard, Lazeric Jones, joins what’s now a three-man competition for the spot.

Shams Charania of RealGM:

JaMychal Green ($150,000 guaranteed) remains the favorite to win the final spot due to both his guarantee and ability. Center Michael Holyfield (unguaranteed) also has a chance due to his position.

At face value, signing Jones is primarily a method to assign his D-League rights to the Grizzlies’ affiliate, the Iowa Energy. Because Jones has played overseas since being drafted, he is eligible to be assigned if Memphis waives him.

But he can play a bit, too. Jones changes direction well, though he can get out of control. He’s also a good, though selective, outside shooter. There probably isn’t an opening on the Grizzlies right now, but if their point guard depth in front of him changes, he could force his way onto the regular season roster.