Memphis deals Gay in three-team makeover
BY JON KRAWCZYNSKI AP Basketball Writer
Thursday, January 31, 2013
1/31/13 at 5:39 AM
Rudy Gay is on his way to Toronto in the latest and most dramatic move in the Memphis Grizzlies makeover, a person with knowledge of the situation told The Associated Press.
The Grizzlies agreed to trade their star swingman to the Raptors on Wednesday, parting with the leading scorer on a team that has aspirations of making a run in the powerful Western Conference.
The Raptors gave up point guard Jose Calderon and forward Ed Davis in the deal, and another person familiar with the negotiations said the Grizzlies were in discussion with the Detroit Pistons to swap Calderon for Austin Daye and Tayshaun Prince.
Gay, averaging 17.2 points and 5.9 rebounds, signed a five-year, $82 million maximum contract in July 2010 with Memphis. The 6-foot-8 small forward is due $16.5 million this season with $37 million more over the next two years. That's a big number for new owner Robert Pera, who took over the franchise last November and has quickly started addressing the team's salary situation.
Just over a week ago, the Grizzlies sent valuable reserve Marreese Speights and two other players to Cleveland in a move that cleared $6.4 million in salary and avoided a $4 million luxury tax hit this season.
Memphis coach Lionel Hollins had been lobbying to keep his five starters together the rest of this season, but he apparently lost that fight. It's a significant move for a team that was fourth in the Western Conference and three games behind the third-place Clippers.