Rumors of a possible trade to the Grizzlies intensified when Monta Ellis purchased a home in the Memphis area recently.

However, that doesn't mean Golden State and Memphis have rekindled trade talks from earlier this season.

A team insider tells the Memphis Commercial Appeal that the Grizzlies are not trading for Ellis.

Chris Cohan has identified four different prospective buyers for his team, one of which is Oracle CEO Larry Ellison, and will inform the groups early next week, according to a source.

Cohan met for the past few days with Sal Galatioto and former NBA Deputy Commissioner Russ Granik of Galatiato Sports Partners, the group brokering the sale of the team, to discuss which of the 12 bidders would move on to the next round.

The list was narrowed to four based primarily on the bidders' likeliness of receiving ownership approval from the league, as well as their ability to transact the sale quickly. Cohan would like a sale finalized by the end of the summer so that a new owner can make decisions for the upcoming season.

The other three finalists have not been identified to the public.

The Warriors have received at least 10 preliminary bids to purchase the franchise, a number of sources confirmed to the Oakland Tribune.

Oracle CEO Larry Ellison is one of the bids, the sources claim, basically resubmitting his earlier offer of $315 million.

The Warriors began taking offers on Monday and the next step is for current owner Chris Cohan to narrow the field.

The team is hoping to have a new owner in place by July 1.

The Warriors began accepting bids on the franchise on Monday.

ESPN The Magazine's Ric Bucher reported Sunday that four or five groups are expected to make offers at some point.

Golden State hired Galatioto Sports Partners in March to handle selling the franchise and serve as their exclusive financial adviser throughout the process.

The New York Daily News writes that the Warriors have attracted 13 potential bidders.

The bidders include an unidentified NFL owner, a group of Chinese businessmen and a group including Magic Johnson.

The top three or four will be selected this week and move on to the next phase.

Oracle founder Larry Ellison did not submit a bid, but he has been sending out signals that the team should go for around $315 million.

NBA officials disagree with Ellison, claiming that the Warriors could fetch close to double the $275 million that Michael Jordan recently paid to purchase the Bobcats.

Warriors forward/center Ronny Turiaf will not represent France in this summer's World Championships because of a knee injury.

Turiaf told French sports daily L'Equipe that he is "dejected" and will undergo medical tests to determine whether he needs surgery.

The Worlds will take place in Turkey from late August to early September.

Things remain quiet on the Warriors sale front even though the first round of bids are due next week.

Tim Kawakami of the San Jose Mercury News writes that there is good reason for the lack of action.

"Unless somebody provides a surprisingly huge number out of the blue, there's very little ownership-level buzz about a mega-offer for the Warriors right now," Kawakami wrote.

"There doesn't seem to be a lot of real money out there," one source told the Mercury News.

Warriors forward Ronny Turiaf will receive his degree in sports management on Sunday, four years after he left school early for the NBA.

Turiaf will be one 48 Gonzaga athletes to receive degrees.

Kelenna Azubuike picked up his player option for next season with the Warriors.

RealGM Note: Azubuike's option is worth $3.1M. Azubuike was limited to just nine games during the 09-10 season due to injury.