The Rockets are engaged in trade discussions about Yao Ming with several teams, according to league sources.

Teams are interested in the $8 million in savings that insurance will provide for his $17.7 million expiring contract.

Some potential suitors are interested in re-signing the center to a short-term deal with hopes that his health will finally turn a corner.

He will miss the rest of the season with a stress fracture in his left ankle and there are serious concerns about whether he'll be able to return to the NBA on a full-time basis.

Despite offering him in trades, the Rockets haven't ruled out re-signing Yao to a short-term contract.