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Source: Wolves, Grizzlies near trade

Updated: June 22, 2010, 5:49 PM ET
ESPN.com news services

The Memphis Grizzlies and Minnesota Timberwolves are close to swapping first-round draft picks, a source with direct knowledge of the situation tells ESPN.com's Andy Katz.

The Grizzlies would send their 25th and 28th overall picks to Minnesota for the Timberwolves' 16th pick.

While the Wolves appeared close to moving their lower picks, they appeared to be content staying at No. 4 with their first pick in Thursday's draft.

Team president David Kahn said Tuesday it is "highly ...

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