One of the best defensive teams in the NBA over the past two seasons is going on a major offensive in free agency.
The Grizzlies have made veteran sharpshooter Ray Allen a prime offseason target and planned to contact him late Saturday night in the first step of what promises to be a strong pursuit of the NBA's all-time leading three-point shooter.
Memphis, according to sources familiar with the team's plans, will offer Allen its full mid-level exception ($5 million) in hopes of luring him away from other suitors — such as Miami — with only the mini-mid-level ($3 million) to spend.
Teams could negotiate with free agents beginning at 11:01 p.m. Saturday night. Contracts can't be signed until July 11.
The Griz have set their free-agent sights high. They intend to come away with an accomplished shooter or point guard.
Los Angeles Clippers guard Randy Foye, Atlanta's Kirk Hinrich and Denver's Andre Miller are also on the Grizzlies' wish list. The Griz expect to go into the luxury tax this season as owner Michael Heisley has given general manager Chris Wallace permission to use the full mid-level exception.
"We're on the cusp of competing for a championship and now is the time to make a strong push," Heisley said. "I think anybody would be interested in looking at this team right now."
Allen, who will be 37 years old on July 20, could be viewed as a long shot given his reaction to a reported trade that would have sent him to Memphis last season at the trade deadline. Allen expressed displeasure about the idea of leaving Boston for Memphis in a trade for O.J. Mayo. The deal fell apart at the last minute.
The Griz might have to combat Allen's perception of playing in Memphis with Boston, which has cap space and Allen's Bird Rights. The Celtics could pay him more than any team. Phoenix also is expected to chase Allen and could have $20 million in cap space.
There will be other contenders in line for Allen's services.
The Griz will likely have to spend the full mid-level on a high-caliber free agent, meaning they will land either a shooter or point guard.
Miller is a player the Griz have coveted in the past. The 36-year-old is as durable as he is proficient having missed just three games due to injury in 13 NBA seasons. Foye, 28, is younger and averaged 11 points per game with the Clippers last season, when he shot 40 percent overall and 39 percent from three-point range.
Hinrich averaged 6.6 points on 41-percent shooting last season.
It's unlikely that the Griz can acquire a shooter and backup point guard in free agency with just the mid-level exception. Plus, Memphis intends to re-sign restricted free agent forwards Darrell Arthur and Marreese Speights. The team also maintains interest in center Hamed Haddadi.
Wallace didn't rule out trading possibilities to satisfy a need.
The Griz have a $1.3 million trade exception available to use before next season's trade deadline. Memphis can trade for a player into that salary. The exception was created when the Griz traded swingman Sam Young to Philadelphia at the deadline last season.
Expect the Griz to complete offseason dealings with outside targets before coming to terms with their own free agents.
"We intend to be very aggressive seeking out opportunities that can address our areas of need," Wallace said. "It's a process. It's impossible to predict what direction (free agency) will go or a timetable. ... But we do have a good product to sell."