Lou Williams and the Los Angeles Clippers have made significant progress on a contract extension ahead of Thursday's trade deadline. The Clippers and Williams can agree upon a contract worth up to $42 million.

Williams is averaging a career best 23.3 points per game at the age of 31.

Williams has garnered significant interest on the trade market and if he's pulled from it, the market for Tyreke Evans will likely increase.

Williams is earning $7 million in the final year of his contract.