UPDATED Report: Rudy Gay to Toronto trade nearly done, Detroit may be third team

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UPDATE #2, 6:04 pm: Here is some twitter confirmation that the deal is close from one of the participants in the trade:

Memphis may have found their third team according to Marc Stein at ESPN:

Tayshaun Prince is a solid if no longer spectacular wing to fill in for Rudy Gay. Prince is shooting 43.4 percent from three this season (handy when you have passing bigs like Marc Gasol and Zach Randolph), is a solid defender and will fit in well with the Grizzlies as they try to make a playoff run.

Calderon in Detroit is not going to make Brandon Knight’s day.

UPDATE 4:40 pm: Adrian Wojnarowski of Yahoo Sports and the NBC Sports Network took to twitter on Wednesday afternoon to say that a deal to send Gay to Toronto is moving much closer to reality, with or without the addition of a third team in the mix — appaarently the Grizzlies really want to get this done.

It looks to me like a two-team deal is agreed to and Memphis is getting time to see if a third team can be found to jump in that makes it work better for them. Marc Stein at ESPN tweets that Dallas and Detroit were two possible third teams. However, if that doesn’t come together fast Memphis will just pull the trigger on a two-team deal then try to flip Calderon to another team in a separate trade later.

Ed Davis has played well for Toronto at the four as the starter since Andrea Bargnani went down, well enough that he took the starting spot away from the former No. 1 pick. Davis is on his rookie contract, Calderon has $10.5 million expiring deal (and would provide depth at the point with Mike Conley and provide tax relief in future years if they can’t flip him).

3:18 pm: No Rudy Gay to Toronto trade is imminent as of Tuesday night. In fact, the latest report from Adrian Wojnarowski suggests he may not be going there at all.

The Raptors and Grizzlies are looking to get a third team involved in the deal. While we fans at home love to come up with three-way trades the reality of them is they are exponentially harder to pull off than a straight swap. Too many people to make happy, too many issues to balance.

Here’s the latest, Wojnarowski of Yahoo sports and the NBC Sports Network.

The final hurdle for the salary dump of Memphis Grizzlies forward Rudy Gay to the Toronto Raptors hinges on finding a third team to absorb the expiring contract of Raptors guard Jose Calderon, league sources told Yahoo! Sports.

The Grizzlies have inquired with multiple teams over the past several days, searching for a willing partner to facilitate a three-team deal, sources said.

Calderon is a quality point guard in the last year of a deal making $10.5 million. There is some trade value for him, but not as much as you might think. There are a lot of good point guards around the league and if you have one you like you’re not going to give up anything of value to get another one.

It could happen still, especially if the two teams work it out themselves, but with a third team don’t bet on it.

Mavericks’ rookie guard Dennis Smith Jr. misses game with knee swelling

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DALLAS (AP) — Dallas Mavericks rookie point guard Dennis Smith Jr. missed Friday’s game against the Sacramento Kings with swelling in his left knee.

Smith, the ninth pick in the NBA draft out of North Carolina State, had 16 points and 10 assists in the Mavericks’ season-opening loss to the Atlanta Hawks.

Smith participated in the Mavericks’ shootaround on Friday morning and was a late scratch. It is not known if Smith will play Saturday for Dallas.

The Mavericks were also missing guard Devin Harris, who was granted leave of absence after his brother died on Thursday.

Watch Lonzo Ball’s 29 point, 11 rebound, 9 assist game Friday night

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This was more of what fans expected from Lonzo Ball.

After a rough first game against the Clippers — with Patrick Beverley in his face all night — Ball found plenty of room to operate against the soft defense of the Phoenix Suns. With room to operate Ball had 29 points, 11 rebounds, and nine assists — just one assist short of a triple-double. He helped the Lakers pull away to a lead in the third then hold on for a 132-130 win over the Suns.

Ball wasn’t terribly efficient, 12-of-27 shooting, but he was 4-of-9 from three, he played with great pace, he was decisive, and was finding guys with his passes. It was a step forward, even if it was against a sad defense (Eric Bledsoe can be a good defender, but he has seemed disinterested in recent years).

Ball and the Lakers are going to be up and down this season, the goal is for there to be more ups near the end of the season.

LeBron James rejects Giannis Antetokounmpo at the rim

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Through the first couple games of the season, Giannis Antetokounmpo has put up impressive numbers — he dropped 34 points, 8 rebounds, and 8 assists on the Cavaliers Friday night.

But the Cavaliers still have LeBron James.

He had 24 points and 8 assists, leading Cleveland to the win.

LeBron also reminded the Greek Freak just how good a rim protector he is. Few people can slow Antetokounmpo on the drive, but LeBron is one of them.

Is it too early to root for a Cavs vs. Bucks playoff series?

Hawks’ DeAndre’ Bembry out with fractured wrist

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In their season opener Wednesday, Atlanta second-year man DeAndre’ Bembry came off the bench and played 17:45, scored six points and was +13 on the night. It was a good start to his career.

But now he is going to miss some time with a fractured wrist.

Bembry underwent an MRI, which revealed a fracture in his right wrist, the Hawks announced Friday. He will return to Atlanta with the team (the Hawks lost to the Hornets Friday night) and will meet with team doctors at the Emory Orthopaedics & Spine Center on Monday. His status will be updated after that.

“We just may play some other guys more, we may use some of the young guys,” Hawks coach Mike Budenholzer told the AP before Friday night’s game. “We’ll just figure it out tonight and as we move forward. I don’t think there’s anything guaranteed for anybody, it’s unfortunate for DeAndre’ and for us.”