It's been a while since there has been an update at DavidLovestheGrizzlies. Frankly, there hasn't been much Grizzlies news to report on. But that changed briefly yesterday.
The Grizzlies failed to add Josh Smith to the team yesterday when the Hawks matched the Grizzlies' offer to the restricted free agent.
It has been suggested that this was strictly a PR move (eg Chad Ford), and the Grizzlies were confident that the Hawks would match the offer.
It's probably true that the Grizzlies were confident the Hawks would match their offer. That said the Grizzlies have incentive to drive up Smith's value so the Hawks don't get Smith for less than he's worth. The Grizzlies need as few teams as possible with the salary cap flexibilty to compete with them for other free agents.
Also, I believe the Grizzlies wouldn't have extended the offer to Smith if they weren't happy to add him to the team. Even if they were confident the Hawks would match, they couldn't guarantee it 100%.
Finally, I don't think the Smith signing, or attempted signing, works as a PR move. It's not going to fill any seats or win any games. I don't care what their motivation is for extending an offer to Smith. I only care what the result was. They didn't add anybody to the roster or improve the team, but I hope they keep trying.