The Memphis Grizzlies have not made an iron-clad decision about trading swingman Rudy Gay before the league’s Feb. 21 buzzer for deals, according to NBA front-office sources.

The Grizzlies might trade him. But they might not.

The Toronto Raptors, by contrast, have definitively decided to make a real run at Gay.

Among the trade chips that the Raptors are believed to be dangling, in addition to draft considerations, are veteran point guard Jose Calerdon(who possesses an expiring contract worth $10.6 million) and young big man Ed Davis.

via Marc Stein of ESPN