The Grizzlies were going "nowhere" down trade avenues to replace injured guard Damon Stoudamire as of Wednesday afternoon, according to league sources.

Serious dialogue with Washington for the services of point guard Chucky Atkins yielded nothing. The Grizzlies, according to sources, were heavily interested in Atkins but eventually balked at going deeper into expected luxury tax debt.

Salary-cap implications may dictate how soon, if ever, the Griz consummate any deal for a veteran to shore up the point guard position.

Atkins is in the final year of a deal that pays $4.5 million this season. To acquire Atkins, the Griz considered using trade exceptions totaling about $5 million ($4.4 million and $671,748) they received Aug. 2, 2005 in the five-team transaction that sent Jason Williams, James Posey and Andre Emmett to Miami for Eddie Jones.

Those trade exceptions expire Aug. 2, 2006.