The Charlotte Hornets and Memphis Grizzlies do not have a deal in place for Marc Gasol.

There is "increasing skepticism" from both sides that a trade will not go through before the Thursday deadline, according to Sean Deveney of Sporting News.

The framework of the trade would involve Gasol, with some combination of Malik Monk or Michael Kidd-Gilchrist, or both, returning to Memphis.

Gasol sat out the Grizzlies' game against the Timberwolves on Tuesday night.