Sources: Three-way trade discussed

Updated: December 8, 2011, 10:00 PM ET
By Chris Broussard | ESPN The Magazine

The New Orleans Hornets are engaged in trade talks with the Los Angeles Lakers and Houston Rockets about a three-team trade that would send Chris Paul to the Lakers and Pau Gasol to the Rockets, sources said.

The Hornets would receive either Luis Scola or Kevin Martin, and possibly both, as well as draft picks. Houston owns the New York Knicks' first-round pick from 2012, as well as its own.

The Rockets also have young assets to offer New Orleans in players like Chase Budinger, ...

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