Jason Williams is close to being traded in a three-team deal that would include Miami, according to an NBA source familiar with the Grizzlies' dealings. It is not known where Williams would land in the proposed deal.

Griz president Jerry West already has Williams's replacement in the starting lineup on the radar.

Although Damon Stoudamire is atop the Grizzlies' wish list, West downplayed a Houston Chronicle report that the Griz and Stoudamire have agreed on a four-year, $17 million contract.

"We have interest," West said Saturday. "We're exploring a lot of options, and he's not the only one. We have interest in a lot of people."