Yahoo reports – Negotiations between the Memphis Grizzlies and Rudy Gay ended on Monday without a contract extension, and the forward will become a restricted free agent at the end of the season, league sources told Yahoo! Sports. League sources said Gay wanted a $12 million annual deal – either over three or five years – because because that’s what Indiana Pacers forward Danny Granger received last season. But Memphis never raised its offer beyond approximately $10 million a year.
