Updated

The Memphis Grizzlies have shown once before that they can be a contender without Rudy Gay.

It's time to prove it again.

The Grizzlies started the process of moving on Thursday after trading their leading scorer to Toronto in a three-team deal that brings Tayshaun Prince, Austin Daye and Ed Davis to Memphis.

The franchise's best postseason run came when Gay was injured two seasons ago, with an upset of top-seeded San Antonio and then a thrilling seven-game Western Conference semifinal series against Oklahoma City. Before that, Memphis had never before won a playoff game.

All-Star power forward Zach Randolph says he believes the Grizzlies "still are a contender" after two money-saving trades this month. Before dealing away Gay and backup center Hamed Haddadi, Memphis traded reserves Marreese Speights, Wayne Ellington and Josh Selby to Cleveland.