Rudy Gay trade to Toronto Raptors all but final – Watch who’s dressed tonight in Atlanta!

Several sources, including Marc Stein of ESPN, are writing that the deal is done between the Toronto Raptors and Memphis. While all details aren’t finalized, particularly regarding a third team, the gist of the deal is this: Raps trade Jose Calderon and Ed Davis for Rudy Gay and Hamed Haddidi. Calderon would then be pushed on to the putative third team, which may be Detroit.

7:38 – Deal confirmed; awaiting NBA blessing.

The Raps aren’t likely to disclose anything; Bryan Colangelo is notoriously close-mouthed. However, someone has to be chatting freely, as there are a lot of details being splashed around for what is at this moment an unofficial trade.

Here’s an easy clue: if Jose and Ed aren’t in the lineup against the Hawks, the deal is on.

Update: I tried this trade on the Machine and it works, even though the Raps take back an additional almost $ 5M in salary. For that privilege, we get two players whose combined PER is 21.9. Ed and Jose are a combined 37.6. The Machine projects we lose 6 games with this trade, and Memphis gains 6. I’m speechless.

Brian Boake is a staff writer for Raptors Rapture. “Like” Raptors Rapture on Facebook and follow us on Twitter @RaptorsRapture for all the latest news and updates about the best damn NBA team from Canada.