Cam Spencer and the Memphis Grizzlies have agreed to a two-year, $4.5 million deal that is fully guaranteed. Spencer is represented by Ross AroyoMark Bartelstein and  Torrian Jones.

Spencer was a late second round pick by the Grizzlies in 2024 out of UConn and spent last season on a Two-Way contract.

Spencer appeared in 25 games with the Grizzlies, averaging 4.2 points, 1.2 rebounds and 1.4 assists in 10.1 minutes. Spencer also averaged 23.5 points, 3.6 rebounds and 3.5 assist in 32.2 minutes across eight G League games.