The Chicago Bulls, Charlotte Hornets and New Orleans Pelicans are discussing a three-team trade involving a pair of restricted free agents, sources tell Jake Fischer of Bleacher Report.

The Bulls would acquire Lonzo Ball with Devonte' Graham going to the Pelicans while Tomas Satoransky, Josh Hart and draft capital would go to the Hornets.

Both Ball and Graham are restricted free agents.

The Hornets drafted James Bouknight in last week's draft, who would help replace Graham on the perimeter long-term.

Chicago and New Orleans could ultimately discuss a sign-and-trade involving Ball independent of the participation of the Hornets.