Most of the attention heading into the NBA trade deadline is focused on the potential blockbuster deal between the Los Angeles Lakers and New Orleans Pelicans, but it certainly isn't the only deal being discussed.

For instance, the Toronto Raptors have reportedly offered point guard Kyle Lowry and center Jonas Valanciunas to the Memphis Grizzlies in exchange for veterans Mike Conley and Marc Gasol.

(Photo by Tom Szczerbowski/Getty Images)

According to Sports Illustrated's Jake Fischer, the Grizzlies turned down Toronto's initial offer since they're hoping to acquire young players and draft picks as part of any deal for either one of their veterans.

Fischer also notes that Lowry is "aware" of the trade talks. If he wasn't before, he definitely is now.

According to a report by ESPN's Adrian Wojnarowski, the Grizz ownership and management "have decided they've reached an organizational crossroads" and are actively engaging in trade scenarios for one or both of their veteran stars before Thursday's 3pm deadline.

Gasol, 34, is averaging 15.7 points, 8.6 rebounds and 4.7 assists in 53 games this season. He can become a free agent this summer by opting out of the final year of his $25.5 million contract for 2019-20.

Conley, 31, has played in 52 games this season and is averaging 20.3 points and 6.3 assists per night. The issue with Conley, however, is his hefty contract. He is guaranteed $32 million in 2019-20 and any team looking to make a trade would also have to be willing to pay him $34.5 million in the 2020-21 season as part of his original five-year, $153 million contract.