UPDATE No. 3: According to the Ronald Tillery of the Memphis Commercial Appeal, "Powe's agent, Aaron Goodwin, confirmed Memphis is one of the teams his client would seriously consider."

ESPN's Marc Stein has also tweeted the Grizzlies are in the mix, but notes he expects Powe to land back in Boston.

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UPDATE: No. 2 As we noted previously, Marc J. Spears of Yahoo! Sports has mentioned the Lakers as another suitor for Powe.

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UPDATE: NBA.com's David Aldridge tweeted: "Powe reunion in Boston is strong possibility: no one is bigger fan than Doc Rivers."

Aldridge reports Powe will also consider signing with the Knicks and Magic, too.

-- Nick Borges

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According to Gary Washburn of the Boston Globe, the Cavs have waived Leon Powe.

"[It opens] up the possibility for a return to Boston," he added.

If the Celtics fail to land Tory Murphy after he's bought out -- a rumored move of the team -- it's possible they may look to sign Powe as another option.

I have to wonder if Powe would be given a shot at the 4 if the Pacers signed him.  Surely he can't be any worse than McRoberts, our current starter.  Should the Pacers work a buyout deal with T.J. Ford, they could use the difference of Ford's contract and his buyout price to sign Powe.  Powe was making the league minimum and is on an expiring contract, so it is an inexpensive risk.

After watching the power forward position get manhandled by so many teams this season, it's obvious the Pacers need a better defensive presence if they want any shot at being competitive in the playoffs.  Powe is better known for his defense and rebounding, but can put up points if asked upon.  The Pacers need a third man who provides better defense that neither McDunk and TFunk currently have.  The duo isn't holding their own on defense, and it's beginning to hurt this young team.

While I don't believe Powe is the long-term solution as a starter, he's a glue guy that be a very reasonable price.