If the Grizzlies are really trying to free up cap space and start things over, the next move would be to trade Randolph. I was just messing around on the trade machine and came up with this...
Zach Randolph and Quincy Pondexter for David West, Gerald Green, and Jeff Pendegraph
I think the Pacers get more talented and, when Granger returns, puts them in the top 3. The grizzlies get expirings in West and Pendegraph and a nice young player in Green.
Props to wileyisTOFU^^^
Griz can get a way better deal. Hell you don't even have them laning a pick