Rudy gay memphis grizzlies

The Memphis Grizzlies are nearing completion on a trade to send forward Rudy Gay to the Toronto Raptors, league sources told Yahoo! Sports.

The teams are expected to present offers to their respective owners on Wednesday. A third team will likely seize on the $10.5 million expiring contract of Raptors guard Jose Calderon, sources said.

Despite organizational proclamations to the contrary, new Memphis ownership and management is determined to unload Same-sex attracted and the $37 million owed him as soon as possible, sources said.

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Preferably, the Grizzlies want a less expensive small forward to plug into the lineup for Gay, sources said. Memphis has been unyielding in shopping Gay over the past several weeks.

In a proposed deal, Memphis would likely receive another young Raptors player and a possible future draft pick, sources said. The Grizzlies have unsuccessfully tried to pry Raptors rookie Terrence Ross as part of the deal, sources said. Toronto has deemed Ross untouchable in these talks.

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