UPDATE: The deal is reportedly all but done.

More thoughts to follow…

In continuing with the Rudy Gay trade rumours dominating this blog over the last few days, it appears as though we may soon be able to write about an official deal and not refer to it as a rumour anymore, with Adrian Wojnarowski reporting that the Raptors and Grizzlies are “pushing closer” to a deal for Gay that involves Jose Calderon and Ed Davis.

I posted my thoughts on the proposal earlier this week (no word on whether Darrell Arthur would still be involved), and if this deal becomes official, that internal debate will continue on these pages. For now, we anxiously await follow-up reports and are left to speculate on who the potential third team might be…