The Grizziles are expected to sign free agent Quinton Ross soon in an attempt to add both defense and maturity on the wing, according to Memphis Commercial Appeal.

The swingman, who played the last four seasons with the Clippers, is expected to officially ink a minimum, non-guaranteed deal Friday.

The Grizzlies' efforts to land a power forward, first Josh Smith and then Zach Randolph, have come up empty, but GM Chris Wallace isn't panicking.

"Things start opening up a little more after teams get into the preseason schedule and teams get more of a barometer of what they actually have," Wallace said.

"We don't have a perfectly proportioned team right now in terms of the roster. We still have needs.

"We're in a talent-acquisition mode until we get to where we're a powerhouse team. When you're in a talent-acquisition mode there are going to be times when you have too many guards, too many centers or whatever. But that's part of the process in acquiring talent."

Wallace said any potential Randolph deal is dead.

"It's not going to happen at this point in time," Wallace said. "I never rule out the future. Who knows where all parties go down the road? But right now, I don't expect anything to happen."

Lakers' executive Mitch Kupchak claims that the Grizzlies were looking to acquire Sun Yue in a trade, according to NBA.com.

"Memphis also wanted Sun in the trade, but we wanted to keep at least one of those two guys so Memphis wanted Marc [Gasol], and we are happy that we were able to keep Sun Yue, because we liked him when we drafted him," Kupchak said.

The Lakers drafted Sun with the fortieth overall pick in the 2007 NBA Draft.

Now that the Grizzles are no longer interested in Zach Randolph, the Knicks could have a difficult time finding another suitor, according to Newsday.

Only three teams - Denver, Golden State and Sacramento - are in need of a post presence as training camps start opening at the end of the month.

The Nuggets could offer Kenyon Martin in a one-for-one swap, the Warriors could give up Al Harrington and another midlevel player and all the Kings have to trade are unwanted contracts.

Multiple sources told Newsday that the Grizzlies have decided to pass on a trade to acquire Zach Randolph from the Knicks.

Donnie Walsh is still exploring ways to unload Randolph whose contract has three years and $48 million remaining.

But it now appears that Randolph will start camp with the Knicks at the end of the month.

Although a suspension initially was a concern, Mario Chalmers' penalty for his role in a hotel room incident involving former Kansas teammate Darrell Arthur will simply be a $20,000 fine as well as the requirement he repeat the program next year.

Donnie Walsh told the New York Times that talks with the Memphis Grizzlies about a trade for Zach Randolph have been dormant for weeks.

"There was a discussion about different formats, and it never got anywhere," Walsh said Monday.

"It was a conversation I had with these guys a month ago," Walsh said.  "We haven't talked recently. For some reason, it was in the Memphis press and everyone in New York acts like it's imminent."

Asked if a trade with the Grizzlies is still possible, Walsh said, "I can't say anything is over," but he said no proposal is on the table.

It may therefore be likely that the Knicks will not make any major roster changes before training camp opens in October.  "I'll be fine with that," Walsh said.  "I want to see a lot of the players play and see what it would take to come together as a team. But that doesn't mean that I won't be talking for the next three weeks."

Memphis forward Darko Milicic recently told the Serbian media that he believes there is a "99 percent" chance he'll be a Knick by the end of the week, according to Newsday.

There is reportedly a deal on the table that would send Milicic and Marko Jaric to New York for Zach Randolph.

Knicks' President Donnie Walsh is reportedly under no pressure to trade forward Zach Randolph to the Grizzlies, according to ESPN.com.

Walsh has not been given a deadline to make a decision on whether or not to deal Randolph to Memphis, according to an executive with knowledge of the talks.

Donnie reportedly initiated the talks but continues to mull the deal with a number of changes possible.

Memphis wants a draft pick while the Knicks are looking for another player in return if a selection is involved.

A league source has told RealGM contributor Tommy Dee that the Memphis Grizzlies are demanding a conditional first round pick along with Zach Randolph in exchange for Darko Milicic and Marko Jaric.

Walsh in return is asking for a young player, assuming either Javaris Crittenton, Kyle Lowry or Hakim Warrick if he is to surrender a first round pick.