Todd Kirkland/Associated Press

Point guard Mario Chalmers had spent his entire eight-year career with the Miami Heat, but the 29-year-old veteran has reportedly changed conferences after being traded to Memphis.

Continue for updates.

Heat, Grizzlies Reportedly Finalizing Trade

Tuesday, Nov. 10

Adrian Wojnarowski of Yahoo Sports reported the Heat and Grizzlies are finalizing a trade that would send Chalmers and James Ennis to Memphis in exchange for Beno Udrih and Jarnell Stokes.

Ethan Skolnick of the Miami Herald confirmed the deal.

Chalmers Comments on Trade Rumors

Tuesday, Nov. 3

"It goes how it goes," Chalmers said when asked about the rumors, according to Ethan Skolnick of the Miami Herald. "It's the nature of the business."

Chalmers Brings Championship Pedigree to New Team

Memphis is off to a disappointing start to the 2015-16 season, and while it has a strong point guard in Mike Conley, the depth behind him is suspect. The team's shooting guard situation is questionable as well with Courtney Lee and Tony Allen splitting time.

Chalmers will likely be a big part of the backcourt rotation in Memphis, and he will bring a championship pedigree to the table with two titles under his belt.

The former University of Kansas star has averaged at least 26 minutes per game in each of the past four seasons, but his playing time is down thus far in 2015-16.

That is due largely to the fact that he is stuck behind Goran Dragic on the depth chart. Tyler Johnson's emergence as a quality backup guard has limited Chalmers' minutes as well.

Chalmers is due to become an unrestricted free agent at the conclusion of the season. It's difficult to tell if Memphis plans to keep Chalmers past this season, but his veteran presence should add some stability to a Memphis team that has struggled out of the gate this season.

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