K-10 broke down UGH!!!!!

[ChevyDude]

Last night coming home from my hockey game the K-10 made a big clunk and grinding noise and then nothing! Engine starts and runs fine. I can lock the front up and put it in 4wd and it moves with all kinds of ugly noises. So AAA towed it to my house at 4am. I'm pretty sure the turbo 350 tranny lunched itself. There is red trans fluid spilled on the ground by the radiator inlet lines. I'm not all the good with transmissions so it's going the my mechanic via another tow shortly. I can feel my wallet screaming.....maybe it's time for a new 700R4 in this baby.