There is some breaking news out of the NBA tonight as Brandan Wright looks like he is on his way out of Memphis and will be looking for a new team.

Chris Haynes of ESPN has the details:

Brandan Wright and Memphis Grizzlies are working toward a buyout, league sources tell ESPN. He’ll be coveted by contending teams.

It sounds like it was a pretty simple train of thought for the Grizzlies. Michael Wallace of the has the detail on the Grizzlies plan:

As the Grizzlies prioritize development of young bigs in Rabb, Davis, Martin and, presumably, trade pick-up Brice Johnson, there appears to be momentum toward reaching a buyout to free respected vet Brandan Wright to sign with a top playoff contender.

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The Grizzlies are in the middle of a big rebuild and they clearly don't want to use minutes on a veteran player that could be going towards a young guys development.

They also want to be fair to Wright and not stash him at the end of the bench when he could have a chance to go chase a ring with a playoff team.

He doesn't have eye-popping stats this year averaging five points and three rebounds per game, but he is a good veteran presence that can come off the bench and give a team some good quality minutes in the playoffs.

Although it's not exactly clear what teams will be going after him, one of the teams that has been rumored  is the Cleveland Cavaliers.