The Toronto Raptors, according to the latest chatter in circulation after Sunday's shedding of Rudy Gay, are by no means done making moves between now and the Feb. 20 trade deadline.

The same, though, can be said for the team gambling on Gay.

At the behest of new ownership in Sacramento, first-year Kings general manager Pete D'Alessandro has been aggressive in trying to reshape the roster, swinging a trade earlier this month for former No. 2 overall pick Derrick Williams before rolling the dice that Gay -- whose 38.8 percent shooting thus far this season has only cemented his reputation as one of the league's least-efficient top scorers -- can mesh with franchise big man DeMarcus Cousins.

Next up? League sources told ESPN.com that the Kings will be trying to find a new home for forward Jason Thompson, who presumably wouldn't quibble with a fresh start after the arrivals of Gay and Williams to play alongside Cousins.

It remains to be seen, though, what sort of market exists for Thompson, who received a five-year contract extension worth just more than $30 million from the Kings' previous regime under former lead executive Geoff Petrie, who selected the 6-foot-11, 250-pounder with the No. 12 pick in 2008.

Thompson is earning $5.6 million this season, $12.4 million over the next two seasons and $6.8 million (albeit with only $2.7 million guaranteed) in 2015-16. Thompson's contract also contains a 5 percent trade kicker.

The Raptors, meanwhile, have been expected to be active in the trade market since the season began, with ESPN.com reporting since Nov. 1 that everyone on the roster apart from prized center Jonas Valanciunas had been made available.

New Raptors front-office boss Masai Ujiri has managed to trade away Andrea Bargnani and now Gay over the past six months to create financial flexibility going forward and -- with Toronto apparently determined to avoid any accidental success in the Atlanta Division -- is said to be happy to surrender veteran point guard Kyle Lowry next.