LeBron James and Zach Randolph on Monday were named the Eastern and Western Conference Players of the Week, respectively, for games played Jan. 24-30.

James finished the week second in the conference in scoring (33.0 ppg) and steals (2.3 spg), while helping the Heat to a 2-1 record. He had a double-double in Sunday’s 108-103 win at Oklahoma City with 24 points and 13 assists. With Dwyane Wade and Chris Bosh out of the lineup on Friday, he scored a game-high 39 points in an 88-87 win over Detroit.

James has now scored at least 20 points in each of his last 12 games.

Randolph averaged 20.8 points and 15.0 rebounds in leading the Grizzlies to a 3-1 week with wins over the Toronto, Philadelphia and Washington. On Jan. 29, he posted his fifth 20-point, 20-rebound game of the season with 24 points and 20 boards in a 107-93 win over Washington, pulling Memphis back to a .500 record for the first time since Nov. 8. 

The Grizzlies are 13-7 when he records 20 points and 10 rebounds. 

Jason Williams cleared waivers over the weekend, but he is in no hurry to sign with a new team.

The Grizzlies hope to sign Williams for the remainder of the season, but it is not yet clear if the interest is mutual.

Owner Michael Heisley is said to have the same infatuation with Williams as he did with Allen Iverson last season.

Grizzlies guard O.J. Mayo believes an "energy drink" he bought at a gas station contained the substance that led to his 10-game suspension.

Mayo spoke about his suspension for the first time Saturday, claiming he didn't know the drink "had any bad substances in it."

The NBA suspended Mayo on Thursday for testing positive for DHEA, which is on the league's list of banned performance-enhancing drugs.

Marc Gasol will be a restricted free agent this summer and was asked if he gives much thought to rumors about teams that are expected to be interested in signing him.

"Not really," said Gasol. "Of course, you guys remind me a lot about it but that is your job. When that time comes up I will put all the cards on the table and see my options and make a decision. Right now, it’s too soon for that and the good thing about my situation is that nobody can talk to me now about it and I have no concerns, no worries, I just have to play basketball, which is what I really like."

Memphis will have the opportunity to match any offer sheet Gasol signs elsewhere, or the team can also negotiate a sign-and-trade.

The Grizzlies signed Rudy Gay and Mike Conley to sizable extensions in 2010.

Grizzlies guard Sam Young tipped the ball into the wrong basket during Friday night's game against the 76ers.

Philadelphia guard Lou Williams missed a jumper late in the first half and Young was alone under the basket to make the grab, but the ball knocked off his right hand and straight through the hoop.

Elton Brand was closest to the basket and credited with the points.

Memphis went on to defeat Philadelphia by a final of 99-94.

The Grizzlies are interested in signing Jason Williams after he clears waivers.

Williams, a former member of the Grizzlies, was released by the Magic this week.

Memphis is motivated to sign Williams and are considered favorites unless he gets an offer from a title contender.

The NBA announced today that O.J. Mayo of the Memphis Grizzlies has been suspended without pay for 10 games for violating the terms of the NBA/NBPA Anti-Drug Program.

His violation of the program involved a positive test for dehydroepiandrosterone (DHEA). Mayo’s suspension will begin with tomorrow night’s game between the Grizzlies and the Philadelphia 76ers.

 “I’m extremely disappointed that I’m going to miss the next 10 games, particularly as our team is making a push for the playoffs," said Mayo in a statement. "I had no idea that the over-the-counter supplement that I took was a substance banned by the NBA. It was an honest mistake, but I take full responsibility for my actions. I apologize to my fans, teammates and the Grizzlies organization for regrettably not doing the necessary research about what supplements I can put in my body.”

The Knicks have surpassed the Lakers as the NBA's most valuable franchise, according to findings from Forbes.

New York is valued at $655 million, while the Lakers are close behind at $643 million.

The Bulls, Celtics and Rockets comprise the remainder of the top-five.

In the wake of LeBron James leaving in free agency, the Cavaliers had a single-year decrease of 26%.

Full Rankings
1. Knicks
2. Lakers
3. Bulls
4. Celtics
5. Rockets
6. Mavericks
7. Heat
8. Suns
9. Spurs
10. Raptors
11. Magic
12. Warriors
13. Pistons
14. Blazers
15. Cavaliers
16. Jazz
17. 76ers
18. Thunder
19. Wizards
20. Nuggets
21. Nets
22. Clippers
23. Hawks
24. Kings
25. Bobcats
26. Hornets
27. Pacers
28. Grizzlies
29. Timberwolves
30. Bucks

The Bulls will not have Carlos Boozer on Monday when they face the Grizzlies.

Boozer injured his ankle in the final seconds of Chicago's victory over Miami on Saturday night. He reportedly left the United Center in a walking boot.

He missed the first 15 games of the season because of a broken finger, but is averaging 20.1 points and 10.1 rebounds since.

The Grizzlies have strongly denied rumors that they are looking to trade O.J. Mayo.

The most recent report linked Memphis to New York, who wanted the Grizzlies to send Mayo to the Nuggets in a potential Carmelo Anthony blockbuster.

Memphis general manager Chris Wallace said he hasn't had any conversations with New York or Denver in that regard.

Mayo's name has popped up in rumors ever since he was moved to the bench.

"Every day you look at the gossip and you look on those blogs and there are all kinds of possibilities that could happen in this league," he said.

"But most of the time they don't happen. When something gets done it's usually unexpected. ... I'm trying to turn this around and get us a playoff opportunity."