Grantland’s Zach Lowe reports the Memphis Grizzlies are willing to listen to trade offers for Rudy Gay. The reason? Memphis is about $4 million over the luxury cap.
Gay is on the books for $16 million this season, $17 million next season, and holds a player options for $19 million in 2014-15.
Lowe lists the Celtics as one of the “sensible” trading partners for Memphis, but it wouldn’t be easy:
Two things work against Boston getting involved in any Gay deal:
1. The chances of pawning Jeff Green’s terrible contract off on Memphis plummeted when Levien and Hollinger took on key decision-making roles. Finding a workable deal without Green’s contract is tricky.
2. Boston used the full mid-level exception on Jason Terry, meaning their payroll during this season cannot exceed $74.3 million — $4 million above the tax line — at any point. Boston’s payroll is at about $71.9 million, meaning they can only take on about $2.4 million in salary. Memphis needs to drop $4 million to duck the tax; s...