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.

Caris LeVert suffers injury so horrific, it brings teammates to tears and opponents to prayer (video)

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Caris LeVert has been one of the Nets’ biggest bright spots. The hard-working 24-year-old was a Most Improved Player candidate, and he seems well-liked throughout the organization. He’s even already hit a couple gamewinners this season.

But LeVert’s breakout campaign hit a devastating snag tonight, as he injured his leg.

The reactions of both his Brooklyn teammates and the Timberwolves say everything. This is a tough one.

Markelle Fultz takes ugly pump-fake free throw

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A key question after the 76ers traded for Jimmy Butler: How would the demanding star affect Markelle Fultz‘s confidence?

Butler isn’t even playing for Philadelphia yet, but this isn’t an encouraging sign.

Kyle Neubeck of The Philly Voice:

Maybe the ball just slipped out of Fultz’s hands on the way up, and he had to continue pushing it toward the rim to avoid a violation. That could happen to anybody.

But given everything we know about Fultz’s shooting woes, it’s impossible to take this as anything other than a ghastly low point in an ongoing problem.

LeBron James: ‘I almost cracked’ with Lakers’ slow start

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LeBron James has played in eight straight NBA Finals.

How’s he handling reduced expectations with the Lakers, who started 2-5 before rising to 7-6?

LeBron, via Chris Haynes of Yahoo Sports:

‪“I haven’t changed anything outwardly, but you know me. You know how I am. I almost cracked [last week]. I had to sit back and remind myself, ‘[Expletive], you knew what you were getting yourself into,’” James told Yahoo Sports while laughing after Saturday’s win in Sacramento. “This process has been good for me. I just have to continue being patient.”‬

LeBron warned everyone to stay clear when he loses his patience, but he has never sounded close to losing it this season. He signed a four-year deal with the Lakers, said he doesn’t feel urgency to win quickly before his prime ends and seems content to wait for a co-star.

If anything, it seemed LeBron might be too relaxed, enjoying the Los Angeles lifestyle and focusing on showbusiness.

So, this is a welcome sign of his competitiveness.

Also kudos to LeBron for harnessing it unlike others in the organization. These Lakers need time to determine how these oddly shaped pieces fit together – unless a star becomes available. Then, all bets are off.

Dwyane Wade: Making Carmelo Anthony ‘fall guy’ doesn’t address the ‘real problem’

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LeBron James, Dwyane Wade, Carmelo Anthony and Chris Paul – the banana-boat buddies – comprise the NBA’s most famous friendship group.

With Anthony nearing his end with the Rockets, that puts Houston teammate Paul in an awkward place. But Wade and LeBron are speaking up. So are the Trail Blazers’ Evan Turner and Damian Lillard.

Wade:

LeBron:

Evan Turner:

Damian Lillard:

It’s unclear whether Wade is scolding the Rockets or fans/media. That comment is far more loaded if he’s referring directly to the organization. I wonder what he sees at the “real problem” in Houston.

A struggling team waiving a minimum-salary player is rarely viewed as making that player the scapegoat. But Anthony has an outsized reputation due to his long, star-level career. With that in mind, Rockets general manager Daryl Morey tried to defend Anthony.

But Anthony is a part of Houston’s problems. He’s awful defensively and shooting poorly. There is mounting evidence he’s washed up. Downgrading his role, whether or not that includes waiving him, is a step in the right direction for the Rockets.

It won’t solve everything, and Anthony – after all that he has done in the NBA – should be treated with respect. But there’s no way around his substandard current level of play.