Terry and the Grizzlies agreed Saturday to a two-way contract, Shams Charania of The Athletic reports.
Terry was on a 10-day hardship but has been upgraded to a two-way after the Grizzlies waived Sam Merrill (ankle) and also upgraded Killian Tillie to a standard deal. Terry has played only three NBA minutes but figures to see time in the G League with the Memphis Hustle.