The Memphis Grizzlies are apparently asking for less now in exchange for Pau Gasol.  The Chicago Bulls still seem like the team most likely to land Gasol.  Originally, the Grizzlies were asking for Luol Deng and Ben Gordon along with P.J. Brown's expiring contract and a draft pick.  Now, it seems they'll settle for Deng or Gordon and another young player like Thabo Sefolosha and a draft pick.
 

Also, the Memphis Grizzlies are trying to trade for Portland's Jamaal Magloire (whose $8.3 million contract expires after this season) in exchange for Stromile Swift and Dahntay Jones. 
 

Fantasy Spin:  Gasol would be a nice fit on the Bulls, who desperately need a back-to-the-basket, low post scorer.  Also, Gasol's ability to pass the ball out of double teams would be an ideal fit.  If Gasol goes to Chicago, expect his numbers to still hover around 20-10, as the Bulls don't have a whole lot of offensive weapons.  Having Gasol on the team might hurt Deng or Gordon's scoring productivity, but certainly it wouldn't hurt their field goal percentage, as they'd be getting more open looks.
 

If the Grizzlies move Gasol in one deal and pick up Magloire in another, look for Magloire to get plenty of minutes.  In this scenerio, Swift would also be gone, which means Magloire would only have to compete with the oft-injured Jake Tsakalidis for playing time.