Report: Mavs' Lamar Odom headed to Clippers in three-team deal with Jazz

UPDATE: An NBA source has confirmed to Eddie Sefko of The Dallas Morning News that the three-team trade outlined below has been agreed to by all parties, contingent on Mo Williams opting into his 2012-13 contract (at $8.5 million).

The deal would send Lamar Odom to the Clippers, who would send Williams to the Jazz, who would send a trade exception (from dealing Mehmet Okur) to the Mavericks.

Williams has until Friday to opt in, and it's believed that he would have trouble getting half as much money if he hit the open market.

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Mavericks forward Lamar Odom averaged a career-low 6.6 points per game last season. (Danny Bollinger/ NBA/Getty Images)

The Utah Jazz have joined in on trade talks to acquire forward Lamar Odom from the Dallas Mavericks, but it is all contingent on Los Angeles Clippers guard Mo Williams exercising his $8.5 million player option for next season by June 30, reports ESPN.com.

The Utah Jazz have emerged as the potential third team in the Los Angeles Clippers' ongoing trade discussions to acquire Lamar Odom from the Dallas Mavericks, according to sources close to the process.

Sources told ESPN.com that the Jazz are willing to take on Mo Williams in a three-team trade scenario that would send Odom to the Clippers and enable the Mavericks to shed Odom's salary without taking back any salary.

Odom had a rocky season with the Mavericks after being traded from the Lakers last season. Williams played out of position for most of the year with the Clippers after spending most of his career playing point guard.

"Mo and I are looking at a lot of different things right now. He'll make his decision in the next day or two," Williams agent Mark Bartelstein told ESPN.com.