A source with knowledge of the talks believes that an end to Lamar Odom's free agency saga is nearing.

As of Monday, Odom was considering a significantly reduced offer from the Lakers or one of multiple proposals from the Heat.

Miami is reportedly eager to sign Odom, and has offered him as much as a team that is well over the salary cap can: $34 million over five years with an opt-out clause after the fourth season.

One source claims that even though the Lakers have lowered their initial three-year, $27 million offer, Odom would prefer to remain to Los Angeles.

Both Kobe Bryant and Dwyane Wade have publicly stated how much they'll like to have Odom as a teammate.