The Memphis Grizzlies are in shambles at the moment. They have lost 15 of their last 16 games, and are just 1-7 since firing head coach David Fizdale. Their seven-year playoff streak is almost surely over, and with stars Marc Gasol and Mike Conley now into their 30s, there have been some suggestions that they must now consider starting a rebuild.

But according to ESPN’s Zach Lowe, Wallace believes the team’s window for competing in the West with Gasol and Conley remains very much open, both now and in the near future.

“We think our window is still very much open with Mike and Marc,” Chris Wallace, the team's GM, told ESPN.com during a recent sit-down in New York. (Wallace reaffirmed his comments on Tuesday.) “I think we'll be heard from the rest of this year, and in years to come.”

To be fair to Wallace, the Grizzlies were still above .500 before Conley went down with his Achilles injury and everything fell apart shortly thereafter. Perhaps Conley’s return is the only thing they need in order to become competitive once again this year.

But given Conley's injury history, Gasol’s advancing age, Chandler Parsons' onerous contract, and the lack of other top-line on the roster, it seems highly optimistic to believe the franchise is in great shape going forward.