Grizzlies exercise 2016-17 option on coach Dave Joerger

Dave Joerger decided to remain in Memphis after interviewing with the Timberwolves. (Joe Murphy/National Basketball/Getty Images)

The Memphis Grizzlies have exercised their team option for 2016-17 on coach Dave Joerger's contract and added another team option for 2017-18 at an increased salary, according to Sam Amick of USA Today.

Team owner Robert Pera reportedly considered firing Joerger after this season, even though he led the team to a 50-32 record and a Game 7 in their first-round playoff series against Oklahoma City. Joerger recently met with Minnesota about its coaching vacancy, but he reportedly informed the Timberwolves that he would remain in Memphis.

The team's renewed commitment to Joerger comes after a period of upheaval within the Memphis organization that saw the team jettison CEO Jason Levien and assistant general manager Stu Lash.

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Griz going big on Dave Joerger: I'm told Memphis picked up 2016-17 team option & added another team option at increased value for 2017-18
— Sam Amick (@sam_amick) May 27, 2014

I believe Joerger shared the gist of it with @EricHasseltine on the radio this afternoon. So yes, he's definitely staying.
— Sam Amick (@sam_amick) May 27, 2014