Grizzlies Acquire Dexter Pittman From Heat

The Grizzlies and Heat have agreed to a deal that will send Dexter Pittman and a second-round pick to Memphis, according to Marc J. Spears of Yahoo! Sports (via Twitter). Brian Windhorst of ESPN.com reports that the Grizzlies will acquire the rights to Ricky Sanchez in the trade (Twitter link). Ronald Tillery of the Memphis Commercial Appeal first reported that the two sides were in serious talks about a swap.

For the Grizzlies, Pittman represents another piece of frontcourt depth off the bench. Memphis had been carrying just 12 players, and would have been required to add a 13th man in the very near future had the team not acquired a player via trade today. I would guess that the Grizzlies will use thei $1.18MM trade exception created last March to absorb Pittman's salary, since the young big man makes just $854,389 and that TPE was set to expire today.