Rudy Gay trade speculation continues

Gay still might soon be out of a Grizzlies uniform, but he’s clearly not down despite the fact that trade speculation surrounding the 6-8 small forward has hardly decreased.

According to ESPN’s Marc Stein, NBA executives believe the Grizzlies, Boston Celtics and Los Angeles Lakers have had trade discussions that could involve Gay, Paul Pierce and Pau Gasol.

The speculation is that Memphis would receive Pierce, Los Angeles would get Gay and Gasol would land in Boston.

Griz CEO Jason Levien told local reporters last week that no deal was imminent. It is widely known that the Griz still are open to trading Gay, and expect better offers for the swingman now that the franchise is no longer on the hook for a luxury tax payment.

Memphis shed more than $6 million and got under the tax threshold Tuesday with a multiplayer deal that sent Marreese Speights, Wayne Ellington, Josh Selby and a protected 2015 first-round draft pick to Cleveland for forward Jon Leuer.

– Reported by Ronald Tillery of theĀ Memphis Commercial Appeal