Once Memphis made its offer, there was no incentive for him to look elsewhere, as the most any other team could offer him would be a five-year deal for around $78 million. 21 deadline, the small-market Grizzlies would rid themselves of the 17.8 million and 19.3 million owed to the seventh-year forward for the 2013-14 and. Such front-loaded deals usually have language that forces the team looking to retain its player to write a huge up-front check for most of the player's first-year salary in the new deal. Memphis decided it made more sense to just pay Gay rather than wait for another team to come forth with an offer sheet that would have almost certainly included a front-loaded salary structure and signing bonus designed to make it harder for Memphis to match. The Grizzlies' decision came after owner Michael Heisley consulted with general manager Chris Wallace and other team officials. Gay then cancelled his trip to Minnesota. But the Grizzlies contacted Gay's agents Thursday morning and said they now would be willing to match any offer sheet another team gave him. Link forthcoming STEINLINEHQ Sources say Gay is. Gay had scheduled a visit Thursday afternoon in Minnesota with the Timberwolves, who had make no secret of their interest in the 23-year-old. chadfordinsider RT STEINLINEHQ: ESPN sources: Gay on verge of verbal agreement on 5year 80 million deal to stay with Memphis Grizzlies. The surprise decision came as Gay was prepared to start visiting teams Thursday.
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Two sources have told me that the Memphis Grizzlies are going to make the first major move in the Summer of 2010 free-agent bonanza by taking their emerging star small forward and restricted free agent Rudy Gay off the market, agreeing to terms with Gay on a five-year deal that could be worth about $82 million. So that's one sigh of relief for us (I know I wanted Rudy earlier this year, but drafting Wes Johnson changed that opinion)Īnyway, AndyG's trade proposal for OJ Mayo sounds pretty good right nowĮDIT: Deal is official. Link STEIN_LINE_HQ Sources say Gay is canceling meetings with interested suitors, such as Minnesota, which was scheduled to host Gay later Thursday night 7 Memphis Grizzlies 22 Rudy Gay Revolution 30 Swingman Navy Blue Jersey on sale for Cheap,Discount price really Authentic quality,wholesale from China,online. Rudy Gay of the Memphis Grizzlies looks to move the ball against the New York Knicks on Maat FedExForum in Memphis, Tennessee.
Chadfordinsider RT STEIN_LINE_HQ: ESPN sources: Gay on verge of verbal agreement on 5year $80 million deal to stay with Memphis Grizzlies. Rudy Gay of the Memphis Grizzlies drives the ball against the Houston Rockets during the game at the FedExForum on Apin Memphis. When Robert Pera purchased the Memphis Grizzlies, and remade the teams front-office, the priority became clear: salaries had to be slashed, and Rudy Gay.