With a 12-17 record, the Grizzlies appear ready to trade Hasheem Thabeet in order to immediately improve their club.

Griz general manager Chris Wallace declined to discuss potential deals and said the team's trade activity has been overstated.

"We are continuously talking to teams throughout the year. And it's no different than the process of the other 29 teams," Wallace said. "Sometimes those conversations are very simplistic, and there's nothing to them. Sometimes they're serious. It's the normal course of what's out there.

"But we don't feel we have to do deals right now. That's how you end up making mistakes. You walk a fine line with being aggressive and seriously considering all of the options. We have quality players."