Shaquille O'Neal is open to a trade and Cleveland is his preferred destination, according to a source.

Another source indicated that LeBron James is excited about the possibility of playing alongside the legendary center.

O'Neal reportedly has some demands. He would like a two-year contract extension, and assurance that James will remain with the Cavaliers for at least the next three seasons.

"It's plausible, it's possible," said a league executive of the Shaq-to-Cleveland talks. "But there's nothing happening right now."