Hornets, Lakers, Rockets Engaged In Trade Talk For Chris Paul

The Los Angeles Lakers, New Orleans Hornets and Houston Rockets are engaged in trade talks on a deal that would send coveted All-Star point guard Chris Paul to the Lakers, Sports Illustrated’s Sam Amick reports.

A number of teams have expressed interest in the 26-year-old four-time NBA All-Star. The Boston Celtics, Los Angeles Lakers and New York Knicks emerged as potential suitors. However, most recent reports indicate that the Knicks, Paul's preferred destination, are out of the running.

Over the course of discussions, it has become increasingly clear that a straight-up trade for Paul would not be likely. The three-way talks between the Hornets, Lakers and Rockets may prove successful and would ultimately result in Paul becoming a Laker. Paul has one year remaining on his current contract and any trade would likely result in a contract extension. Initial reports also claim the deal would send 31-year-old Lakers forward Pau Gasol to Houston.