The Warriors have talked with New Orleans about a trade centering around Chris Kaman, but sources say a deal is unlikely.

Kaman is in the final season of his contract.

The Hornets seek expiring contracts, draft picks and young talent.

According to an NBA source, the Celtics would be interested in Chris Kaman if the impending free agent is bought out of his contract.

The Hornets have told Kaman to stay home while they try to orchestrate a trade. They acquired Kaman in the trade for Chris Paul last month but have decided to go with younger players.

Kaman has averaged 9.2 points and 6.7 rebounds in 22 minutes per game before the Hornets decided to put him on the block.

The Hornets will stop playing Chris Kaman as they look for a trade.

"We had a conversation with Chris and expressed that the Hornets are going to go in a different direction. We mutually decided for a number of reasons that we are not going to play Chris as we pursue a trade. Chris has been the ultimate professional during this process and we thank him for the way he has handled the situation."

The New Orleans Hornets announced that they have requested waivers on guard Trey Johnson.

Johnson appeared in 11 regular season games this season, averaging 1.9 points and 1.1 rebounds per game in 5.5 minutes. 

Eric Gordon remains a central figure in the Hornets' long term plans, even though he turned down a four-year extension offer from the club, New Orleans general manager Dell Demps said.

"It's a situation where we talked, thought we came close to an agreement and it just didn't work out, but we are still very optimistic we can get something done this summer," Demps said. "It's not a big issue. It's not a situation that is uncommon. ... There are other measures that you can use to sign Eric to a long-term contract and that's our goal."

The Hornets currently are owned by the NBA, meaning commissioner David Stern, who is temporarily acting in the role of team owner, had the final say in what kind of deal the Hornets could offer Gordon.

"We were authorized to make a deal, we had conversations that were productive, and although we didn't come to an agreement, the talks were amicable," Demps said.

Eric Gordon will be sidelined for an additional three-to-six weeks.

After undergoing further tests on his right knee, it revealed to be a contusion.

Hornets' doctors recommended rest for his knee. Gordon is expected to resume full basketball activities and return to the court once the recommended rest time is up. The injury occurred in the second half of the team's opening night game in Phoenix.

The Hornets have made Eric Gordon a four-year contract extension after receiving authorization from the NBA.

Gordon and the Hornets have until the end of Wednesday to reach a contract extension or he will become a restricted free agent at the end of the season.

Gordon had told Yahoo! Sports on Monday that he was waiting to learn whether NBA commissioner David Stern would grant him a contract extension before the deadline. Gordon said he was informed by Hornets general manager Dell Demps that it was up to Stern to decide whether to extend an offer. The NBA owns the Hornets.

The New Orleans Hornets announced that they have picked up the option for the 2012-13 season for Xavier Henry and Greivis Vasquez.   

Henry (6-6, 220), is in his second NBA season after being selected 12^th overall by the Grizzlies in the 2010 NBA Draft out of the University of Kansas. 

Vasquez (6-6, 211), is in his second NBA season after being drafted 28th overall by the Grizzlies in the 2010 NBA Draft out of the University of Maryland. In 17 games with the Hornets this season, he is averaging 5.6 points and 3.1 assists in 18.6 minutes of play.

Eric Gordon’s agent, Rob Pelinka, has engaged in recent contract extension talks with the Hornets’ front office, but hasn’t received an official offer.

Gordon said he has been informed by Dell Demps, general manager of the Hornets, that David Stern must decide whether to extend an offer.

“In terms of my contract extension, Dell Demps indicated that it’s out of his control and NBA commissioner David Stern has the last determination on the contract extension,” said Gordon.

Xavier Henry has missed the entire start of the 11-12 season due to a sprained right ankle.

But Henry is set to make his debut with the Hornets on Monday against the Spurs.

Henry was acquired from the Grizzlies in an offseason trade.