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Sources told ESPN and The Athletic that the Raptors will send Jonas Valanciunas, Delon Wright, CJ Miles and a 2024 second-round draft selection to the Grizzlies.

The Grizzlies traded Gasol, 34, on Thursday at the National Basketball Association trade deadline with the center holding a $25 million option he can exercise this summer.

Gasol has career averages of 15.2 points, 7.7 rebounds, 3.3 assists and 1.5 blocked shots a game for the Grizzlies. A member of the Grizzlies' 2013 Western Conference Finals team, the Barcelona, Spain native became the first European-born player to win the NBA Defensive Player of the Year Award (2012-13). The version of Gasol from even two years ago would render this deal a no-brainer.

Leonard also has a player option for 2019-20, worth $21 million.

He has been linked to trade rumours this week, but said Thursday he hopes to stay in Toronto.

With the end of the trade deadline comes the next big stage for the Toronto Raptors, which is looking at the buyout market for upgrades on what is now a depleted roster.

Stauskas serves as another option the Raptors' could look into in hopes of filling the team's need for an additional long range threat.

Valanciunas was cleared to play today after missing 25 games with a dislocated left thumb and was expected in Toronto's lineup for Thursday's game at Atlanta. "I think we all know that those playoffs can get wild and woolly, and he's a guy that's been through them many times".

Overall, it will be hard to see Gasol in anything other than a Memphis uniform, especially after the way the season started, but keep in mind, this can the chance for him to get the ring he deserves.

Parker, 36, said that the Spurs offered the same contract that the Hornets did, but that the role he would play in Charlotte was different than the one that the Spurs had planned for him, also noting that he wanted to play for his idol Michael Jordan. Miles, 31, has been a disappointment, scoring just 5.5 points, 1.7 rebounds, and 0.6 assists per game.