The Phoenix Suns have begun pursuing Josh Smith, according to multiple sources.

The Suns have held preliminary trade talks with the Atlanta Hawks and will continue their pursuit into the offseason should they be unable to execute a trade before the deadline.

The Suns would likely build their offer for Smith around Marcin Gortat.

Phoenix could sign Smith to a new contract in the offseason while retaining enough cap space for a second big contract free agent.

Expectations around the NBA are growing that the Atlanta Hawks will trade Josh Smith this season, according to a source.

Smith and the Hawks' management have seemed at odds over the past month and the two sides have reportedly met to discuss the forward's future.

Josh Smith's representatives will meet with Danny Ferry this week to discuss the forward's future with the Atlanta Hawks, according to sources.

Smith was suspended a couple weeks ago for conduct detrimental to the team, but he has had an All-Star caliber season as the Hawks stood at 25-18 heading into Sunday's game against the New York Knicks.

Josh Smith believes he deserves a maximum-level extension.

“I feel like I’m a max player,” Smith said. “I feel I bring a lot to the table. I have a lot of versatility. For what I do and what I give this ball club, I feel like I’m worth it.”

In the summer of 2010 the Hawks signed Joe Johnson to a six-year, $124 million contract. Johnson then had his worst season since joining the team in 2005.

The Hawks will be able to offer Smith a five-year deal worth about $94 million.

Smith again: “There shouldn’t be any hesitation. I’m Josh Smith, I’m not anybody else. I ‘m not Michael Jordan, I’m not LeBron James, I’m not Brook Lopez. I’m Josh Smith. You can’t look at what might’ve happened with another person. Let’s say Joe. You can’t say, ‘I’m skeptical of giving another person that’ because of whatever they feel like happened."

The NBA has announced the reserves for the 2013 All-Star Game in Houston.

Western Conference Reserves
Tony Parker
James Harden
LaMarcus Aldridge 
David Lee
Zach Randolph
Tim Duncan 
Russell Westbrook 

Eastern Conference Reserves
Paul George
Jrue Holiday 
Tyson Chandler 
Chris Bosh 
Joakim Noah 
Luol Deng
Kyrie Irving 

Fifteen teams have at least one All-Star (Knicks, Heat, Celtics, Bulls, Pacers, 76ers, Blazers, Spurs, Rockets, Warriors and Grizzlies), while 15 teams do not have a representative (Hawks, Nets, Bobcats, Mavericks, Nuggets, Pistons, Bucks, Wolves, Hornets, Magic, Suns, Kings, Raptors, Jazz and Wizards).

The 76ers and Cavaliers each sent a Coaches Vote All-Star despite a losing record, while the Lakers and Celtics have two starters despite a sub-.500 record.

The Nets, Hawks, Bucks, Nuggets and Jazz all have a record over .500 and no All-Stars. 

The All-Star starters are LeBron James, Carmelo Anthony, Kevin Garnett, Dwyane Wade, Rajon Rondo, Kobe Bryant, Kevin Durant, Blake Griffin, Dwight Howard and Chris Paul.

Larry Drew is in the final season of his deal with the Atlanta Hawks and has posted a 4-8 record since being named the Eastern Conference Coach of the Month for December.

Danny Ferry has said that the Hawks will reevaluate the siutation following his first year with the Hawks.

“I made up my mind going into the season that my focus was just to do the best I can,” Drew said. “The normal thing would be to look over your shoulder but I made up my mind, given my situation, that I’m just going to go out and coach every game. Just do what I can. If it works out, it works out. If it does not, it does not. I’ve been in constant talks with my agent about everything. The way we are looking at it is, we’ll just see what our options are at the end.”

The Atlanta Hawks have signed Jannero Pargo to a 10-day contract.

In his ninth NBA season, Pargo played in seven games earlier this year with the Washington Wizards, putting in 3.0 points and 2.0 assists in 14.6 minutes per contest (.250 FG%, 1.000 FT%). In 50 games last season with the Hawks, he averaged 5.6 points, 1.9 assists and 1.5 rebounds in 13.4 minutes (.415 FG%, .384 3FG%, .950 FT%).

The Hawks lost Lou Williams for the remainder of the season last week.

The Atlanta Hawks have lost eight out of 10 games and will be without Lou Williams for the remainder of the season.

If Danny Ferry decides to part ways with Larry Drew, sources say Quin Snyder and Mike Brown would be favorites.

Lou Williams has been diagnosed with a torn ACL in his right knee and will miss the rest of the season, the Atlanta Hawks announced on Saturday.

Williams suffered the injury in Friday's loss to the Brooklyn Nets.

"We are extremely disappointed for Lou and our thoughts and support will be with him during his recovery," President of Basketball Operations and General Manager Danny Ferry said in a statement. "He has been a complete professional in every sense of the word and know that approach, along with his work ethic, will serve him well in his rehabilitation."

Williams will now rest for a period of time before having surgery. A timetable on his recovery will be set after surgery.

Williams' loss is a big blow to the Hawks, as he ranked third on the team in scoring averaging 14.1 points.

Josh Smith's agent spoke with Danny Ferry on Wednesday to discuss his client's "frustration" with the Atlanta Hawks' recent spiral.

"As far as moving forward and whatever changes will be made, that's more so management's job to field those calls and make the decisions they feel like are best to move forward," Smith's agent, Wallace Prather, told CBSSports.com.

Prather stopped short of requesting a trade.

Smith will be an unrestricted free agent this offseason.

The Hawks have conducted trade talks centered on Smith with multiple teams, according to NBA executives.