A four-team trade involving the Bobcats, Heat, Rockets and Raptors has reportedly been discussed.

Sources say Michael Beasley and Jared Jeffries would be sent to Charlotte, with Tyson Chandler going to Houston.

The move would create more cap space for LeBron James, Dwyane Wade and Chris Bosh.

One source indicates Toronto is uninterested in taking on approximately $3.1 million in salary from the Rockets.

The Raptors would like to acquire a trade exception.

Alan Hahn of Newsday reports that a three-team trade is now close.