The Charlotte Bobcats are finalizing a trade that would send Emeka Okafor to the New Orleans Hornets for Tyson Chandler, two people familiar with the deal told The Associated Press on Monday.

Both centers are 26-years-old and were number two overall picks.

While Okafor has a longer contract, the players make about the same each year, making it an easier deal to fit under the salary cap. Chandler is owed $11.8 million in the 2009-10 season, and he could exercise his option for the 2010-11 season to increase that to $12.7 million.