The Veteran Center had previously declined an option of $ 17.6 million on its 2019-20 contract.
Jonas Valanciunas lives in Memphis.
According to ESPN's Adrian Wojnarowski, Citing unidentified league sources, the veteran center is expected to write a $ 45 million worth of three-year contract to return to Grizzlies when a free agency opens on Sunday at 6 pm. ET.
Valanciunas had previously declined a $ 17.6 million option on its 2019-20 contract, allowing him to become an unlimited free agent and finally negotiate a new deal.
However, the average $ 15 million per season for Valanciunas is $ 2.76 million less than he would have made in 2019-20 if he had chosen immediately.
Valanciunas, 27, was drafted fifth in general by the Raptors in 2011 and remained in Toronto until he was traded to Memphis in February. He immediately found his track with Grizzlies, with an average of 19.9 points and 10.7 rebounds in 19 matches.
He has an average of 11.8 points and 8.4 rebounds per game over his career.