Grizzlies Trading Rudy Gay To Toronto Raptors?

According to a recent report in the Toronto Sun,, if the Memphis Grizzlies make forward Rudy Gay available, then the Toronto Raptors will be ready to make a deal.
Said the paper:

What must be made clear is that if Gay is indeed available, then expect the Raptors to be involved.
Imagine a remade Raptors team with Gay as the primary scoring option, DeMar DeRozan entering his third year, an emerging Ed Davis and the prospect of acquiring via free agency a legitimate rebounding centre.

The article speculates that it may take Andrea Bargnani to get Gay, and that GM Bryan Colangelo would pull the trigger on such a deal.
Such a trade looked even more possible after recent comments by Bargnani suggested he was unhappy in Toronto.
Gay has already been the subject of trade rumors after the Cleveland Cavaliers offered their No. 4 overall pick for the 24-year-old.