The Hornets, Lakers and Rockets have submitted a new proposed trade to the league office that would send Chris Paul to Los Angeles.
In its capacity as the owner of the Hornets, the NBA will have to sign off on the deal before it becomes final.
Adrian Wojnarowski of Yahoo! Sports reports that Luis Scola, Kevin Martin and a 2012 draft pick would still be sent by the Rockets to the Hornets as part of the deal.
Other details have not yet been reported but the changes to the trade are between the Lakers and the Hornets.
Sam Amick of Sports Illustrated reports a source say the deal is "mostly the same" as before.