The Hornets are collecting bids for Chris Paul from several teams and are expected to make a decision by Friday, according to sources.
Offers coming from the Warriors and Clippers are believed to be the most enticing to New Orleans' GM Dell Demps.
The Clippers would have to include restricted free agent DeAndre Jordan, Al-Farouq Aminu, Eric Bledsoe and the 2012 first round pick from the Wolves to acquire Paul.
Paul would reportedly prefer the Clippers over the Warriors because of the chance of being paired with Blake Griffin and Eric Gordon.
Golden State is offering Stephen Curry, Klay Thompson and Ekpe Udoh to the Hornets.