From the Memphis Commercial Appeal:

Memphis Police officers are on the scene of a wooded area at Hacks Cross and Winchester in southeast Memphis where a body has been found. 

Officers can't yet confirm the identity of the victim, but two police sources say they are investigating whether it may be the body of missing basketball star Lorenzen Wright. Police sources have confirmed they are investigating a 911 hangup call from Wright's cellphone left Monday morning. [...]

Wright likely had a lot of cash on him when he was last seen leaving his ex-wife's Collierville home, fueling concerns he may be the victim of foul play, according to a Collierville police report released today.

While an alternative story from the Eyewitness News Memphis suggests a possible suicide, the circumstances suggest a murder. Wright was carrying cash, visiting Memphis from Atlanta for a few days, called 911 but was interrupted, and his body was hidden in the woods.

Either way, this is an absolute tragedy. Our thoughts and prayers go out to Ren's family and friends. He was a great player and nobody loved his city more. Ren will always be the Memphis Grizzlies fan favorite.

The Commercial Appeal has this slideshow to commemorate Wright's life in basketball.