The Magic and Warriors are in trade talks involving Monta Ellis, sources confirmed to RealGM.

No trade is imminent, but talks are ongoing say sources.

The willingness of the Warriors to deal Ellis has increased over the past few weeks. While Ellis does not have as much trade value as teammate Stephen Curry, he does represent the franchise’s best opportunity to change the status quo.

Orlando has been active in their pursuit of a scoring guard to pair with Dwight Howard in an effort to retain him.

The Minnesota Timberwolves have re-assigned Malcolm Lee to the Sioux Falls Skyforce, the Timberwolves’ NBA Development League affiliate.

It is the second assignment for Lee this season.

Lee was first assigned to the Skyforce on Feb. 6, appearing in three games and averaging 9.7 points, 6.0 assists and 3.7 rebounds in 25.3 minutes.

The Nets are uninterested in trading Brook Lopez in a deal involving Monta Ellis, according to a source.

A report out of the Bay Area on Wednesday suggested the Warriors would want more from the Nets than just Lopez in exchange for Ellis.

While Dwight Howard would be interested in playing with Chris Paul on the Clippers, the two teams have not engaged in trade talks recently.

A deal for Howard centered around Blake Griffin would surely be something the Magic covet. But sources say the Clippers won't even deal Griffin for Howard.

The Bulls question their ability to beat the Heat in a seven-game series without making a move, according to a source.

Chicago has expressed interest in Pau Gasol and would quickly deal Carlos Boozer to the Lakers in a deal.

But the Lakers would likely want Luol Deng included, which would be a non-starter for Chicago.

The reportedly preference for Dwight Howard is to sign with the Nets in the offseason as a free agent, which would allow the franchise to retain the assets they do have.

Howard is enthused about teaming up with Deron Williams and he could likely receive a more lucrative adidas extension in Brooklyn.

The Magic haven't given up on keeping Howard and are interested in a trade for either Steve Nash or Monta Ellis, but both possibilities are remote.

The Warriors and Celtics had trade talks involving Rajon Rondo for Stephen Curry in December, but it was Golden State that decided not to do the deal.

Boston has looked for several trades involving Rondo since the end of the lockout and continue to shop him aggressively, according to sources.

The Blazers continue to be interested in making a trade for Steve Nash, according to sources.

But most sources don't expect a trade involving Nash.

"Because of his age and because he can leave in the summer, offers for Nash haven't been as star-laden as you'd think," said one source.

The Timerwolves offered Michael Beasley to the Lakers, according to a source.

The asking price was the better first round pick owned by the Lakers in 2012.

But the Lakers reportedly don't want to pay the increase in lottery tax that acquiring Beasley would mean.

German national team coach Svetislav Pesic said Dirk Nowitzki is not expected to be a member of the team this summer as they attempt to qualify for EuroBasket 2013.

"I believe that Nowitzki isn't expecting my call," Pesic said. "He needs peace, a summer vacation. He has to think about his future. But, of course, we'll discuss his plans.

"Germany lived on Dirk's glory for long time,” Pesic said. “Since the bronze in Indianapolis, silver at the FIBA European Championship in 2005, up to these days.

"Because of the magnitude of his personality and basketball qualities, many other players were just - other players.

"That wasn't bad, it was normal back in those days as Nowitzki is a true leader on the court, but I think that there is a new wave of players in Germany that can help to build new future."