The Grizzlies agreed Sunday to trade reserve guard Jerryd Bayless to the Boston Celtics for guard Courtney Lee, a source confirmed to The Commercial Appeal.
The deal is expected to be completed Monday with both players serving as the key components of a larger transaction, according to the source. Moving on from Bayless should come as no surprise. Griz management was not thrilled when Bayless exercised his player option last summer.
Lee, meanwhile, used to be represented by Griz CEO Jason Levien and director of player personnel Stu Lash when they worked as agents. The front office clearly has confidence that Lee can help the Grizzlies’ need for perimeter shooting long term.