As Memphis Grizzlies owner Robert Pera and interim general manager Chris Wallace regain control of basketball operations in the wake of CEO Jason Levien's firing, there appears to be one immediate benefit for the franchise's future: the chances of re-signing popular star Zach Randolph.

Randolph, 32, has until June 30 to trigger a $16.5 million player option on the final season of his contract and already had begun preliminary discussions on a long-term extension with Memphis, league sources told Yahoo Sports.

Randolph is an extremely popular figure in the Memphis community, and has expressed a strong desire to finish his career in the city where his NBA career has truly blossomed.

Randolph has talked directly with Pera in the past week and he and his agent Raymond Brothers sensed a serious commitment to keep Randolph in Memphis with a new deal.