Raptors Give: Calderon, Ross
Raptors Get: Gay Wrotten

Grizzlies Give: Gay, Wrotten
Grizzlies Get: Calderon Ross

http://espn.go.com/nba/tradeMachine

Grizzlies get rid of tons of salary and a backup pg. Raptors get Gay and a young pg prospect.
Deal could also work with derozan taking Ross's spot.