Report: Grizzlies sign Spurs RFA Anderson to 4-year, $37.2M offer sheet

You're on the clock, Spurs.

The Memphis Grizzlies have reportedly signed San Antonio restricted free agent Kyle Anderson to a four-year, $37.2-million offer sheet with a 15 percent trade kicker using their full mid-level exception, league sources told ESPN's Adrian Wojnarowski.

All four years of the deal are reportedly guaranteed, a source told NBA.com's David Aldridge.

The Spurs now have 48 hours to match the offer or let Anderson move to Grind City.

The 24-year-old forward was selected with the final pick of the first round in the 2014 draft by San Antonio. Last season marked his first year averaging at least 20 minutes per game (26.7), which led to him putting up career-best numbers across the board.

Anderson made 74 appearances for the 47-win Spurs, contributing 7.9 points, 5.4 rebounds, 2.7 assists, and 1.6 steals. He also ranked sixth among small forwards in real plus-minus (3.12), which is reportedly one of the reasons Memphis views him so highly.