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Tayshaun Prince trade: Austin Daye also going to Memphis in 3-team trade

The Pistons will reportedly part with both Tayshaun Prince and Austin Daye for Jose Calderon as part of a three-way trade that sends Rudy Gay to Toronto, according to ESPN's Marc Stein:

According to Vincent Goodwill, the players have been informed and have begun exchanging goodbyes with their teammates:

Jose Calderon, 31, is an eight-year veteran currently averaging 11.1 points and 7.4 assists (1.7 turnovers) in 45 games with the Raptors.

Update: Calderon is making $10.56 million this year -- the final year of his contract. So as nice as it will be to see a true point guard on the court, this deal doesn't necessarily disrupt Detroit's plans of shoehorning Brandon Knight into the "point guard of the future" role.