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Tillery: Grizzlies closing in on Rudy Gay trade with Toronto or two others

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USA TODAY Sports

According to Ron Tillery of the Commercial Appeal, the Grizzlies have three possible trade scenarios for Rudy Gay lined up — including the Toronto trade that broke yesterday — and it’s becoming more and more likely that Gay will be out of Memphis before the trade deadline.

From Tillery’s report:

The Griz and Raptors are reaching the end of a process to find a third team to take on the $10.5 million expiring contract of Raptors point guard Jose Calderon, according to sources with knowledge of the trade discussions.

Memphis is looking to receive a small forward, a draft pick and possibly Raptors forward Ed Davis to consummate the deal. Griz forward Darrell Arthur would not be included in a trade to Toronto, contrary to a published report.

The Griz are also said to have separate deals with two other teams on the table if the Raptors trade can’t be agreed upon by the weekend.

As we’ve discussed before, it looks more and more like the real "salary dump" trade was not this Rudy Gay deal but the earlier trade that sent Marreese Speights and Wayne Ellington to Cleveland in return for Jon Leuer. That trade, by getting the Griz under the luxury tax line, appears to have made other teams much more willing to part with worthwhile assets in a trade for Gay.

UPDATE:

While I was writing this up to post, the ever-knowledgeable Adrian Wojnarowski of Yahoo! Sports reeled off this series of tweets:

This is getting serious, then. Hang on to your hats, and watch the Raptors take on the Hawks tonight to see if anyone is conspicuously absent from the Raptors' bench.

In closing, a little side note from me:

I know you guys (my fellow Grizzlies fans) are getting a little panicky over this stuff. I feel it myself. That nagging "What are these people doing?" feeling in the back of your head. But trust me: we’ll be okay. I don’t know what else to tell you — since this is the first time since Pau Gasol that the Grizzlies have been in a position to make this sort of move — but I do know that this team is still our team. No matter who’s on it. They play hard for you — yes, for you; you’re a fan, right? — and they will continue to do so.