According to Sean Deveney of Sporting News, one NBA general manager said the following about the Grizzlies' stance entering the draft on June 21:
"If you have someone you like in the first few picks, they're the first call you'd make. They obviously were the most disappointed with the way the lottery went and the options they have now. It seems like they want to try to turn that pick into something else.
"Everyone's going to talk before the draft, of course. But Memphis, I think they're the ones who are going to be more ready to do something than others."
The Grizzlies had the second-best odds of landing the No. 1 overall pick, but at No. 4, it is unlikely that Arizona center Deandre Ayton or Slovenian guard Luka Doncic will fall to them.
Deveney speculated that if Memphis can't strike a deal with the Phoenix Suns at No. 1 or Sacramento Kings at No. 2, it would favor moving down to take a wing such as Villanova's Mikal Bridges or Michigan State's Miles Bridges.
Provided Ayton and Doncic come off the board in the first two picks, the Grizz will likely be forced to choose between Duke forward Marvin Bagley III, Michigan State forward Jaren Jackson Jr., Texas center Mohamed Bamba and Missouri forward Michael Porter Jr. depending on what the Atlanta Hawks do at No. 3.
If Memphis isn't enthralled with its choices at No. 4, a trade down could be a logical move in terms of acquiring pieces that can help it in the immediate future.
Although the Grizzlies went 22-60 this season, they have some "win-now" pieces such as center Marc Gasol and guard Mike Conley.
The fact that Conley was limited to 12 games due to injury in 2017-18 played a significant role in Memphis' struggles.
Deveney reported that since the Grizzlies want to attempt to make the playoffs in 2018-19 rather than rebuild, they won't close themselves off to potential offers.
The 2018 NBA draft has plenty of talent and a perennial All-Star may be available at No. 4, but with so many questions surrounding many of the prospects outside of Ayton and Doncic, using the pick would be a roll of the dice in many respects for Memphis.