After nine seasons with the Memphis Grizzlies, point guard Mike Conley made the decision to stay put Friday, as he reportedly agreed to sign a five-year, $153 million contract to remain with the only NBA team he has ever played for, according to’s Marc Stein.

Jon Krawczynski of the Associated Press confirmed the deal.

Once signed, the deal will be the largest in league history.

The 28-year-old Ohio State product was among the top players available on the open market, and while many teams were in search of a solid, reliable point guard, the Grizz ultimately offered the best combination of contractual terms and scheme fit.

Conley is coming off a productive season in which he put up 15.3 points, 6.1 assists, 2.9 rebounds and 1.2 steals per game. He was limited to just 56 contests due to an Achilles injury, however, which put a major damper on the Grizzlies’ campaign.