With a possible sale in their forseeable future, the Memphis Grizzlies will be closely watching how much they spend over the offseason, and according to the Memphis Commercial-Appeal there is a mandate in place not absorb exorbitant salaries.

Team insiders have been led to believe that the most talked-about suitors -- a group led by former Duke Blue Devils Brian Davis and Christian Laettner -- will put up or shut up in terms of financing by July.

The potential purchasers of majority owner Michael Heisley's 70-percent share are said to be moving closer to achieving an asking price that exceeds $300 million.

Local investors still would have roughly 60 days to match an offer for majority ownership.

Either way, the Grizzlies are not interested in again paying the dollar-for-dollar luxury tax on a payroll that exceeds $55 million. Memphis operates with the league's seventh-highest roster payroll at more than $65 million.