Earlier this week, Darren Wolfson of 1500 ESPN Twin Cities reported that if the Grizzlies and Timberwolves had discussed a Rudy Gay trade, talks had been very casual. Now, Wolfson says that the Grizzlies did make Minnesota an offer involving Gay, but that Wolves president David Kahn "said no immediately."
According to Wolfson, the Timberwolves were very interested in Gay when he hit restricted free agency in the summer of 2010, and had planned to meet him face-to-face to discuss an offer sheet. However, Gay agreed to re-sign with Memphis before meeting with Kahn and the T-Wolves. The Wolves maintain interest in the 26-year-old, however, and are worth monitoring as the trade deadline approaches, despite their reluctance to take on the money remaining on his contract.
Wolfson speculates that the Grizzlies' offer to the Wolves included at least one of Kevin Love and Nikola Pekovic, and suggests that three- or four-team scenarios may have been briefly discussed as well.