Three-team trade official sending Rudy Gay to Toronto

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All day long Wednesday we were saying it could happen, now the deal is reached and approved — Rudy Gay is headed to Toronto as part of a three-team deal.

The trade also involves the Pistons as the third team and Tayshaun Prince going to Memphis in a deal that sends Jose Calderon to Detroit. The trade was reported by Marc Stein of ESPN and echoed by Adrian Wojnarowski of Yahoo Sports and the NBC Sports Network (technically this is a two team trade followed by a second trade between Memphis and Detroit). The parties spoke to the league office starting at 7 p.m. and the official approval has come down.

After every move is made this is how the trade would shake out:

• Toronto would get Rudy Gay and back up center Hamed Haddadi (he may be waived and bought out).

• Memphis would get Tayshaun Prince, Austin Daye and Ed Davis. (Some reports say they also get a second round pick.)

• Detroit would get Jose Calderon.

Toronto gets its guy in Rudy Gay and his 17.2 points and 5.9 rebounds a game… except they already have DeMar DeRozan. Gay will be their best player, but he’s not at a position of need nor is he a franchise anchor guy. As it has long been with Bryan Colangelo in Toronto, I struggle to see what the bigger picture is, I just see a collection of parts. Maybe this is the first of several moves to shake up the roster (if they can trade Andrea Bargnani to anyone for anything I’ll applaud the move).

I like this move for Memphis — it saves them money — $5.8 million this season and $26.4 million over the course of Gay’s contract — getting them under the luxury tax line in future years. Plus it gives them a player in Prince that fits well for them as a replacement for Gay. Prince is not as good an all-around player as Gay, but he’s a better three-point shooter and is not a massive step down on defense of driving the lane. In addition they get a quality young four in Ed Davis to provide depth up front and Daye.

Detroit will save a lot of money when Calderon comes off the books next year and they can be a major player in the free agent market. Brandon Knight will likely start getting a lot of time at the two.

“Trading a player like Tayshaun Prince, who has meant so much to our organization and contributed to our championship success, is never easy,” Pistons GM and president Joe Dumars said in a statement. “We want to thank Tayshaun for his professionalism and contributions over the last 10 years. We also appreciate everything that Austin Daye has done for our team both on and off the court over the past three-plus years.”

Quinn Cook signing two-year contract with Hawks

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The Hawks began last season with just two point guards, one fewer than most teams – especially notable because neither starter Dennis Schroder nor backup Malcolm Delaney was experienced for his role.

Schroder and Delaney return, but Atlanta is adding another option – Quinn Cook.

Shams Charania of Yahoo Sports:

Cook is a borderline NBA player. He might not make the regular-season roster. He also might supplant Delaney for a rotation spot.

A 24-year-old who has spent most of the last two years in the D-League (also getting stints with the Mavericks and Pelicans), Cook is a good outside shooter. He’s also steady, if unspectacular, in his lead-guard duties.

This is a solid flier at a position the Hawks could use depth.

Knicks sign Xavier Rathan-Mayes and Jamel Artis

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The Knicks signing Nigel Hayes leaked first.

But New York didn’t stop there.

Knicks release:

The New York Knickerbockers announced today that the team has signed forwards Jamel Artis and Nigel Hayes and guard Xavier Rathan-Mayes.

Like Hayes, Artis (Pittsburgh) and Rathan-Mayes (Florida State) went undrafted this year – making them eligible to be waived and assigned to the Knicks’ minor-league affiliate. That’s likely all three’s fate.

But first, each will have an opportunity to make the regular-season roster. The Knicks have just 14 players with guaranteed salaries, leaving one roster spot for someone on a standard contract. Chasson Randle (unguaranteed) is the incumbent choice, but these three could supplant him.

O.J. Mayo says abusing prescription painkillers triggered NBA ban

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Last year, O.J. Mayo was banned from the NBA for at least two years due to a drug violation. Aside from stating a plan to come back, Mayo didn’t say much publicly.

Until now.

Ben Golliver of Sports Illustrated:

He acknowledged smoking marijuana and abusing a prescription pain medication that triggered his two-year ban because it is on the NBA’s “drugs of abuse” list. (He emphatically denied testing positive for hard drugs like cocaine.)

Mayo also concluded that he had been “overwhelmed” by a string of difficult life events: his father, high school basketball star Kenny Ziegler, was sentenced to more than 10 years in prison for distributing crack cocaine, his brother was placed in juvenile lock-up, a close friend went to jail, and another was killed. “I was bred to play basketball and I thought I could balance everything,” he said. “I couldn’t.”

That’s part of an interesting feature on Mayo, who’s training for his come back. Golliver’s story makes it easy to pull for Mayo.

But the guard will be 30 when he’s eligible to apply for reinstatement, and he played lousily in his last three seasons with the Bucks.

Hopefully, Mayo has and keeps his personal life in order. But returning to the NBA will be an uphill battle.

James Harden throws alley-oop to Chris Paul, pair puts on show at Houston charity event

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What chemistry problem?

There are legitimate questions about how Chris Paul and James Harden will share the backcourt and ball with the Rockets, but none of those were on display on Sunday. That’s when CP3 joined his new teammate in Harden’s charity game (raising money for Harden’s charity, which helps children from single-family homes get a higher education), a kind of pro-am with some names thrown in to draw a crowd.

Harden and CP3 put on a show for the fans.

This is a charity event, not every team is going to defend like this or the Phoenix Suns. It’s going to be harder when the games matter.

But the Rockets are going to be entertaining to watch this season. No doubt.