 In the lockout shortened 2011–12 season, Bayless set career-highs in scoring (11.4 points), assists (3.8), FG% (.424), 3P% (.423) and FT% (.852) in 31 games (11 starts).On July 13, 2012, Bayless signed a two-year deal with the Memphis Grizzlies.On June 30, 2013, he exercised his player option with the Grizzlies for the 2013–14 season.