The C's are still interested in acquiring Mayo, according to CSNNE.com, but they may have to do so via a sign-and-trade.
"The Celtics still have interest in O.J. Mayo, and right now they are not [in] the position to give O.J. the kind of money he's looking for," CSNNE's A. Sherrod Blakely said. "But certainly with sign-and-trade possibilities, then all of a sudden O.J. becomes a player the Celtics might make a run at."
Mayo averaged 12.6 points per game off the bench for the Grizzlies last season. The 24-year-old recorded a career-high 18.5 points per game as a rookie starter in 2008-09, but he's since become a reserve player for Memphis.
Click here for an opinion on whether the Celtics should pursue O.J. Mayo >>
Photo via Facebook/O.J. Mayo