Guard/forward Rudy Gay moved from the Memphis Grizzlies to the Toronto Raptors on Wednesday as part of a three-team deal that also included the Detroit Pistons.
The Raptors also landed center Hamed Haddadi from Memphis.
The Grizzlies received forwards Tayshaun Prince and Austin Daye from the Pistons, plus forward Ed Davis and a 2013 second-round draft pick from the Raptors.
The Pistons wound up acquiring guard Jose Calderon from the Raptors.
"We are excited to add three players who bring with them a tremendous amount of value to our team and have achieved incredible success on the pro, college and Olympic levels," Grizzlies general manager Chris Wallace said in a statement.
Pistons president Joe Dumars said in a statement, "Trading a player like Tayshaun Prince, who has meant so much to our organization and contributed to our championship success, is never easy. We want to thank Tayshaun for his professionalism and contributions over the last 10 years. We also appreciate everything that Austin Daye has done for our team both on and off the court over the past three-plus years."
Gay, who was the longest-tenured player on the Memphis roster, is averaging 17.2 points and 5.9 rebounds this season.
Calderon, who has started 30 of the 45 games he's played, is averaging 11.1 points and 7.4 assists while hitting 42.6 percent of his three-point shots.
Davis has started 24 of the 45 games he's played this season and is averaging 9.7 points and 6.7 rebounds.
According to ESPN.com, the Dallas Mavericks also had an interest in Calderon, but they would have had to send Vince Carter to Memphis, and the Mavs were unwilling to do that.
Prince, 32, is averaging 11.7 points and 4.6 rebounds this season while starting all 45 games.
Daye, who has not made any starts, is averaging 5.1 points and 2.6 rebounds.
Haddadi, 27, is averaging 1.2 points and 1.8 rebounds as a little-used back this season.