Grizzlies deal Gay to Raptors in three-team trade

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 that also included Grizzlies backup center Hamed Haddadi, and Memphis then shipped Calderon to Detroit 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.

Rudy Gay
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