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Memphis Grizzlies Free Agency Update: Grizz Lose Out on Gordon, Lee

After being connected to both Gordon and Lee last night, Memphis failed to add either player.

Isaiah J. Downing-USA TODAY Sports

Last night, while the afterglow of signing Chandler Parsons and bringing Mike Conley back to Memphis was still in full effect, rumors began to surface about Memphis possibly adding Eric Gordon, the former Pelican, or reuniting with Courtney Lee, who was dealt by Memphis at the trade deadline in a three team deal with Charlotte and Miami. It certainly looked like Memphis wasn't done adding talent.

Unfortunately, both plans fell through. Just past 7:30 pm CT, Adrian Wojnarowski reported that Eric Gordon had agreed to a four year deal worth $53 million with the Houston Rockets.

Per Woj, the Grizzlies had been very keen on signing Gordon, but with the addition of Parsons, couldn't manage to clear enough space to match the contract offered by Houston, which comes out to about $13.25 million annually.

As for Courtney Lee, any chance at making my dreams come true a reunion were put to rest when Alex Kennedy announced that Lee had agreed to a 4 year deal wort $50 million with the New York Knicks.

The chances of Lee coming back to Memphis may never have been great. There was reported interest from multiple teams, including the Kings, Timberwolves, and Sixers, so Lee likely would have left a fair amount of money on the table to come back to the Bluff City.

It's a little disappointing to miss out on both of these pieces, but Memphis will continue its search for more shooting.