Brendan Maloy
Sunday January 5th, 2014

Courtney Lee has bee Boston's leading scorer off the bench this season. (Brian Babineau/National Basketball) Courtney Lee has bee Boston's leading scorer off the bench this season. (Brian Babineau/National Basketball)

The Boston Celtics and Memphis Grizzlies are reportedly nearing a deal which would send Courtney Lee to Memphis in exchange for Jerryd Bayless, according to Marc Stein of ESPN.

Lee's contract, which has just over $11 million and 2 years remaining, would be offset by the $7.5 million balance on the trade exception the Grizzlies received when Rudy Gay was traded to the Toronto Raptors last season.

MAHONEY: Transformed Raptors use Rudy Gay trade as launching pad for newfound success

The Celtics have been looking to rid themselves of Lee's contract despite the guard's .492/.442/.818 shooting splits this season. The teams have a trade call scheduled with the office for Monday.

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