Grizzlies will re-sign Rudy Gay

Ronald Tillery of the Memphis Commercial Appeal reports:

Grizzlies will re-sign Rudy Gay

The Memphis Grizzlies and restricted free-agent Rudy Gay have agreed in principle on a five-year contract, The Commercial Appeal has learned.

Multiple NBA sources indicated that Gay will sign the deal on or soon after July 8 when teams are allowed to finalize contracts.

Gay’s starting salary will be the maximum allowed a player with his experience – projected to be roughly $13.3 million – according to sources.

Gay, 23, was supposed to visit the Minnesota Timberwolves this afternoon but canceled the trip. The 6-8 forward will not visit any potential suitors.

Grizzlies make qualifying offer to Rudy Gay

Grizzlies make qualifying offer to Rudy Gay

The Memphis Grizzlies have made a qualifying offer to restricted free agent Rudy Gay, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today.  Per team policy, financial terms were not released.

Gay, a 6-8, 230-pound forward, placed second on the Grizzlies in scoring last season (19.6 points, T-18th in the NBA) while posting 5.9 rebounds and a career-high 1.48 steals in a career-high 39.7 minutes (3rd) in 80 games (all starts) last season.  The four-year NBA veteran holds career averages of 17.4 points, 5.5 rebounds, 1.7 assists and 1.25 steals in 35.3 minutes in 318 career games (282 starts), all with the Grizzlies.

Currently Memphis’ longest-tenured player, the 23-year-old ranks in the Top 10 in franchise history in points (5,538, 3rd), rebounds (1,756, 8th), field goals made (2,118, 3rd), three-point field goals made (337, 4th), steals (398, 3rd), games played (8th) and games started (4th).  Memphis acquired Gay’s draft rights (eighth overall in the 2006 NBA Draft) along with Stromile Swift from the Houston Rockets in exchange for Shane Battier on July 12, 2006.

In accordance with the league’s collective bargaining agreement, in order for a team to retain its right of first refusal with respect to a restricted free agent, the team must tender the player a qualifying offer on or prior to June 30.  A restricted free agent may sign an offer sheet with any team but is subject to a right of first refusal with the team for which the player last played.

Grizzlies trade draft rights of Dominique Jones to Mavericks

The Dallas Mavericks announced today that they have acquired the draft rights to Dominique Jones from the Memphis Grizzlies for cash considerations. Jones was originally the 25th overall pick in the 2010 NBA Draft by the Grizzlies.

Jones (6-4, 215) finished his three-year career at South Florida ranked fifth in career scoring (1,797 points), first in free throws attempted (615) and fifth in both field goals made (592) and attempted (1,339). He was named First Team All-Big East as a junior when he averaged 21.4 points, 6.1 rebounds, 3.6 assists and 1.7 steals per game.

The Lake Wales, Fla., native led the Bulls in scoring all each of his three years. He was an honorable mention All-American and a finalist for both the Wooden Award and Naismith Award as a junior and was the only player in the nation to average at least 21 points, six rebounds and three assists per contest. He ranked second in the Big East (15th in the nation) in scoring in his final season with South Florida.

“We are excited to add Dominique to our organization,” President of Basketball Operations Donnie Nelson said. “He is 6-4 with a 6-9 wingspan and can do a little of everything. He can score, he can rebound and his assist-to-turnover ratio is exceptional.”

Grizzlies admit they should have drafted DeJuan Blair

Geoff Calkins of the Memphis Commercial Appeal reports:

Mike Heisley admits the Grizzlies blew it on draft night last year.

No, not by taking Hasheem Thabeet with their first pick in the draft. By passing on DeJuan Blair with their second one.

“We should have taken him,” Heisley said. “He was 15th on our list. But sometimes, in the heat of the moment, you get derailed. We got swayed by some discussions with the doctors. This year, we’re going to take the guy who is next on our list or someone is going to have to do a very good job explaining to me why we’re not.”

Grizzlies lose top FedExForum executive

Marlon W. Morgan of the Memphis Commercial Appeal reports:

Memphis Grizzlies president of business operations Greg Campbell says he regrets the loss of senior vice president of arena operations Steve Zito, who has resigned effective July 9 to become president of sports and entertainment for Andy Frain Services.

But it’s the imprints that Zito leaves behind that have Campbell confident the Grizzlies will move forward. Zito had been with the Grizzlies for five years, Andy Frain provides security at various sports venues across the country.

“You always hate to lose a great, great player on any team,” Campbell said Tuesday. “But it sounds like he’s got a great opportunity to use his wisdom wisely at a number of places around the country. It’s going to be sad, but you’ve got to be happy for him, too.”

Rudy Gay tries boxing training

Ronald Tillery of the Memphis Commercial Appeal reports:

Rudy Gay tries boxing training

Rudy Gay might not be a member of the proposed, star-studded free-agent summit of 2010.

But he plans to be a heavyweight next season.

The Grizzlies’ soon-to-be restricted free agent forward has engaged in a training regime earmarked for boxers since the regular season ended. Gay, who is about to enter his fifth NBA season, has taken his offseason workout to another level as he prepares for a USA Basketball training camp next month and a possible maximum contract offer when free agency begins July 1.

“I’m not fighting anyone,” Gay said this weekend when reached by phone. “I’m going through the training. There’s no more in-shape athlete than a boxer.”

Gay said he picked up the idea of training like a boxer from other NBA players such as Cuttino Mobley, Al Harrington, David West and Manu Ginobili.

Grizzlies statement on Zach Randolph involvement in drug investigation

The Memphis Grizzlies released the following statement today from Vice President of Basketball Operations and General Manager Chris Wallace, regarding media reports about forward Zach Randolph being implicated in an Indianapolis drug investigation.

Grizzlies statement on Zach Randolph involvement in drug investigation

“Since Zach Randolph joined this organization, he has been an active member of the Memphis community and embraced our core values of hard work and leadership. These qualities helped him develop into an NBA All-Star this season and guided one of the NBA’s youngest teams to a 16-game improvement.

“Zach’s continued commitment to the team has been evident the last couple of weeks as he’s been working out with members of our staff on the West Coast.

“Due to the ongoing police investigation, we do not feel it would be appropriate to comment further. Unless some other information surfaces, Zach remains a valued member of the Grizzlies family and Memphis community.”

Zach Randolph implicated in Indiana drug bust

My Fox Memphis reports:

Zach Randolph implicated in Indiana drug bust

Memphis Grizzlies standout Zach Randolph has been implicated in an Indianapolis drug investigation. A probable cause affidavit has a police informant indentifying Randolph as a major marijuana supplier in Indianapolis.

A stake out on a suspected drug house 2 weeks ago led to 32 year old Arthur Boyd being pulled over in a Cadillac Escalade. The vehicle had marijuana and ammunition inside, and was registered to Randolph.

Silver Stars sign Chamique Holdsclaw

The San Antonio Silver Stars today announced the signing of veteran forward Chamique Holdsclaw. Per team policy, terms of the contract were not disclosed.

In order to make room on the 11-woman roster for Holdsclaw, the Silver Stars waived guard Belinda Snell.

Holdsclaw signed with the Dream in April 2009 after the team acquired her rights from the Los Angeles Sparks. The 10-year WNBA veteran requested a trade from the Atlanta Dream prior to the start of 2010 training camp and did not report to the team; she was released from Atlanta on May 19, 2010.

“We are thrilled to have Chamique join the Silver Stars family,” said Silver Stars General Manager Dan Hughes. “Chamique and our staff felt it was such a great fit. We are excited to get to work with Chamique in a Silver Stars uniform.”

Holdsclaw originally was selected first overall by the Washington Mystics in the 1999 WNBA Draft. In her 10 seasons in the WNBA, Holdsclaw has tallied career averages of 17.3 points, 7.9 rebounds, 2.6 assists and 1.3 steals per game.

The 6-foot-2 forward was recognized as the 1999 WNBA Rookie of the Year in addition to being named a starter in the league’s inaugural All-Star Game. She spent six seasons in Washington and earned four All-Star Game selections (1999-2002) during her time with the Mystics. Her most productive season came in 2003 as she averaged a career-high 20.5 points, 10.9 rebounds and 3.3 assists per game.

Prior to the start of the 2005 season, Holdsclaw was traded to the Los Angeles Sparks in exchange for DeLisha Milton-Jones and the 13th overall pick in the 2005 WNBA Draft. Holdsclaw’s tally of 17.0 points per game in 2005 ranked her third in the league. She was voted into the WNBA All-Star game for the sixth time in her career and reached two career milestones: 6,000 minutes and 3,000 career points. In 2006, Holdsclaw was named a WNBA All-Decade Honorable.

After playing in five games with the Sparks in 2007, Holdsclaw announced her retirement from the league but continued to play overseas for TS Wisla Can-Pak Krakow (Poland).

On Dec. 17, 2008, the Dream acquired the rights to Holdsclaw from the Sparks in exchange for the no. 13 pick in the 2009 WNBA Draft. She tallied averages of 13.9 points, 4.4 rebounds, 2.2 assists and 1.4 steals per game with the Dream last season before missing the last nine games of regular season play and Atlanta’s first playoffs appearance after undergoing successful arthroscopic knee surgery.

Prior to being drafted into the WNBA, Holdsclaw completed an illustrious collegiate career at Tennessee that included being named a four-time Kodak All-American. She collected 3,025 career points and 1,295 career rebounds which made her the all-time leading scorer and rebounder in Tennessee history among both men and women. Additionally, her points and rebounds tallies ranked her first all-time in SEC women’s history and also first in the history of the NCAA Women’s Basketball Tournament. She won the Naismith Player of the Year trophy twice (1998, 1999) and was named the Naismith Player of the Century for the 1990s as she helped lead the Lady Vols to a 134-17 record during her time at Tennessee.

Snell has tallied career averages of 4.2 points, 1.7 rebounds and 1.1 assists per game in 112 games played. She signed with the Silver Stars as a free agent on March 30, 2009 and recorded a career-high 6.2 points per game and a career-high 2.3 rebounds per game in her first season in San Antonio. Snell re-signed with San Antonio on April 28, 2010, after reaching the FIBA Euroleague Women finals and winning the F.E.B. title with Ros Casares (Valencia, Spain).

“Belinda was a wonderful member of the Silver Stars and we want to thank her and wish her the best in the future,” said Hughes.

Wizards win first pick in 2010 NBA Draft Lottery

The National Basketball Association announced tonight that the Washington Wizards received the first overall pick in the 2010 Draft during tonight’s Draft Lottery in Secaucus, NJ.

“This is a great night for our franchise and particularly for our fans,” said Wizards President Ernie Grunfeld. “They have shown great support and passion during what has been a difficult stretch over the last two seasons, but they can celebrate tonight knowing that we’ve taken a big step towards building the team that they deserve.”

The Wizards, who had a 10.3% chance of landing the first pick in tonight’s Draft Lottery, have held the number one overall pick twice before in franchise history. They chose Walt Bellamy number one in 1961 and Kwame Brown with the top pick in 2001.

In addition to the number one pick, the Wizards own Cleveland’s first round selection (30th overall) as a result of a three-team deal on Feb. 17 and hold their own second round pick (35th overall).

Washington is totally rebuilding, and chances are they’ll go make John Wall the first overall selection.

The Philadelphia 76ers are likely to take Evan Turner second, playing him alongside Andre Iguodala.

At third, the Nets will probably go for a power forward. There are several good candidates worthy of going that high up.

Complete 2010 NBA Draft Lottery results are here.