​The ​Memphis Grizzlies' season has taken a sharp turn for the worse following an unexpected 12-5 start. The team quickly saw its outstanding record diminish and now sit at 22-33, good for 14th place in the Western Conference. 

Their recent struggles have led to the team ​making veteran players Mike Conley and Marc Gasol available for trade, and they've received an ​offer from the Jazz for Conley's services. That offer has been revealed, and it is said to include Ricky Rubio, Derrick Favors and a first-round draft pick. 

With the trade deadline just one day away, the Grizzlies don't have much time to decide whether or not to go forward with a Conley trade. The team is set on rebuilding around their 2018 first round-pick, Jaren Jackson Jr., so adding another first-round draft pick could prove to be valuable. 

Conley is in the midst of one of his most productive seasons of his career, averaging 20.4 points, 6.4 assists, 3.4 rebounds and 1.4 steals per game. The 31-year-old is also connecting on 2.2 threes per game at a 36.5 percent clip. 

The Raptors had also been ​keen on acquiring Conley but the Grizzlies were not interested in their offer of Kyle Lowry and Jonas Valanciunas in exchange for ​Gasol and Conley. 

Conley signed one of the most lucrative contracts in NBA history when he inked a five-year, $152 million deal in 2016. He won't be a free agent until after the 2020-21 season and is due to make $32 million next year and $34 million the year after. 

It's time for the Grizz to act fast and decide whether or not Conley and Gasol are part of their future plans, or if they should cut bait with their two top assets.